The Latest Breaking News from Nishad Singh

Sam Bankman-Fried wanted to shut down trading firm Alameda weeks before FTX bankruptcy, says co-founder Gary Wang

FTX cofounder and childhood friend Gary Wang took the stand and admitted to the crypto empire’s crimes.

Fortune · Oct 6, 2023

Sam Bankman-Fried will have to face FTX victims at his upcoming trial, including a man in Ukraine who lost nearly everything

A court filing from Saturday offers further details on the Department of Justice's case against the disgraced FTX founder.

Fortune · Oct 1, 2023

‘Dark’ donations, free love and the fall: the Sam Bankman-Fried trial is here

The FTX founder’s day in court comes on Tuesday. Where did it all go wrong – and what can we expect in the high-profile trial?

The Guardian - US · Sep 30, 2023

FTX sues founder Sam Bankman-Fried and three others for $1bn

Lawsuit by cryptocurrency exchange, which collapsed in November, is attempting to recoup assets sought by creditors

The Guardian - UK · Jul 21, 2023

SBF's brother planned to buy an island nation with FTX funds to build apocalypse bunker - lawsuit says

The lawsuit also alleges that Bankman-Fried is using customer funds for his own defense.

Fortune · Jul 21, 2023

FTX execs ‘joked internally’ about losing track of millions in assets, misused customer funds, and ‘stifled dissent’ before the exchange’s collapse, new debtors’ report says

SBF and a team of top execs also “stifled dissent,” “commingled and misused” funds, and “lied to third parties,” a new debtors’ report alleges.

Fortune · Apr 10, 2023

FTX failure rooted in ‘hubris,’ ‘greed’: Report

Failed crypto exchange FTX Trading Ltd lacked fundamental financial and accounting controls, stifled dissent within the company and joked internally about their tendency to lose track of millions of dollars in assets, according to a report by the company’s debtors.

The Times of India · Apr 10, 2023

FTX founder Sam Bankman-Fried just pleaded not guilty to 5 new charges, including bribing a Chinese official and illegal political donations

Prosecutors shared that they have approximately 6 million pages of evidence.

Fortune · Mar 30, 2023

Why must big City firms always fall for scams like FTX?

THERE must be some very awkward meetings taking place across the City and Wall Street right now. The sort of encounters where people bang tables and demand explanations, where they look at PowerPoints and Excels, and gasp.

Evening Standard · Mar 3, 2023

Nishad Singh, Indian-origin engineer at FTX, pleads guilty to fraud charges

NEW YORK: Nishad Singh, a 27-year-old engineer of Indian-origin, who previously served as the co-lead engineer of FTX Trading Ltd, has admitted to charges of committing fraud.

The Times of India · Mar 2, 2023