ChainCatcher news, according to Reuters, former FTX executive and key witness in the SBF case, Nishad Singh, will be sentenced today.Nishad Singh pleaded guilty to six counts of fraud and conspiracy, and he testified as a prosecution witness in the trial that led to Bankman-Fried's conviction on fraud and other charges last year.

ChainCatcher news, according to CoinDesk, U.S. prosecutors handling the case of former FTX executive Nishad Singh have requested that the sentencing judge consider Singh's "substantial assistance" and "exemplary cooperation" in the government's investigation of FTX.In a filing submitted on October 23, prosecutors stated that Singh "has shown genuine remorse and a willingness to help." Singh assisted the government in understanding how FTX's code allowed for the illegal use of customer funds and detailed the transactions made by Sam Bankman-Fried using the stolen funds.In February 2023, the former engineering chief pleaded guilty to six criminal charges, including fraud and conspiracy, related to the collapse of FTX in November last year. Last week, his lawyers requested a federal judge to waive his imprisonment in a sentencing document submitted on October 16. They described him as "an unusually selfless person," claiming that his role at FTX was limited and detailing his cooperation with authorities. Singh and former FTX Chief Technology Officer Gary Wang are both awaiting sentencing.

ChainCatcher news, according to Bloomberg, former FTX engineering director Nishad Singh has requested the judge not to send him to prison due to the collapse of FTX.In a memorandum submitted to the Manhattan federal judge on Wednesday night, Nishad Singh's lawyer stated that, given his limited role in the FTX bankruptcy case, his close cooperation with investigators, and his commitment to leading a "model life," he should be treated leniently.

ChainCatcher news, according to Jinshi reports, court records show that former cryptocurrency exchange FTX executive Nishad Singh will be sentenced on October 30, having testified against FTX co-founder Sam Bankman-Fried. Another co-founder, Gary Wang, will be sentenced on November 20.

ChainCatcher news, FTX's former engineering director Nishad Singh pleaded guilty to six charges, including conspiracy to commit money laundering and wire fraud, in Manhattan court on February 28, 2023.If convicted, Nishad Singh could face up to 75 years in prison, with a maximum of 30 years for wire fraud. The severity of the sentence will depend on factors such as the amount of loss and the number of victims, and he could face an additional 40 years for the conspiracy charges related to money laundering and wire fraud.It is reported that Nishad Singh is the third member of SBF's core circle at FTX to plead guilty and cooperate with prosecutors, following FTX co-founder Gary Wang and former Alameda Research CEO Caroline Ellison. (source link)

ChainCatcher news, according to CoinDesk, FTX's former engineering director and SBF's roommate Nishad Singh is in talks with prosecutors during a "proffer meeting" and may provide evidence of SBF's violations of campaign finance laws in hopes of receiving a lighter sentence. Such meetings typically include offering "limited immunity" to encourage interviewees to speak freely. Previously, FTX executives Gary Wang and Caroline Ellison met with federal prosecutors to reach a deal.According to Bloomberg, citing informed sources, Singh possesses a wealth of information regarding FTX and SBF's political donations. Since 2020, Singh has personally donated over $9.3 million to Democratic-aligned initiatives. In April 2021, Singh donated $1 million to the political action committee Mind The Gap, founded by SBF's mother. According to a court document from last November, Singh received a $543 million loan from Alameda Research.According to ChainCatcher previously reported, Twitter users claim that the FBI may have initiated a manhunt for former Alameda co-CEO Sam Trabucco and FTX engineering director Nishad Singh. (CoinDesk)

ChainCatcher news, according to crypto KOL @Wall Street Silver's tweet, the FBI is looking for another co-CEO of Alameda, Sam Trabucco, and Engineering Director Nishad Singh.It is reported that Sam Trabucco served as co-CEO of Alameda alongside Caroline Ellison until August 2022. There is alleged evidence that he may have played a key role in the FTX incident, as Caroline Ellison stated during her plea that Sam Trabucco was present for many of the misconducts that occurred in 2019. Notably, he only posted two tweets throughout the entire FTX incident, leading some Twitter users to speculate that Sam Trabucco is being pursued by law enforcement. (source link)

ChainCatcher news, according to CNBC, the Democratic Senate Majority Super PAC plans to return $3 million in donations from former FTX CEO SBF and former FTX engineering chief Nishad Singh. According to records from the Federal Election Commission, during the 2022 election cycle, the PAC received $2 million from Nishad Singh and $1 million from SBF. (source link)

ChainCatcher news, according to CNBC, former FTX engineering director Nishad Singh donated over $13 million to the Democratic Party during his tenure after the 2020 election. It is reported that during the 2022 election, Singh contributed at least $8 million to support the Democratic Party and donated $1 million to the super PAC Mind the Gap, founded by SBF's mother.In addition, according to The Oregonian, the $500,000 donated by the crypto startup Prime Trust to the Oregon Democratic Party actually came from Singh. (CNBC)