CFTC Charges FTX Co-Owner With Fraud By Misappropriation And Aiding And Abetting Fraud Related To Digital Asset Commodities - Nishad Singh To Concede Liability In Proposed Consent Order

<p><span lang="EN" xml:lang="EN">The Commodity Futures Trading Commission today filed fraud charges against&nbsp;<span>Nishad Singh</span>, an FTX senior executive,<span>&nbsp;</span>in a&nbsp;</span><span>complaint filed in the U.S. District Court for the&nbsp;</span><span lang="EN" xml:lang="EN">Southern District of New York. T</span><span>he two-count&nbsp;</span><span lang="EN" xml:lang="EN">complaint charges Singh with fraud by misappropriation and with aiding and abetting fraud committed by Samuel Bankman-Fried, FTX Trading Ltd. d/b/a FTX.com (FTX),</span><span>&nbsp;</span><span lang="EN" xml:lang="EN">and Alameda Research LLC (Alameda).&nbsp;</span><span>Singh was a shareholder and senior executive of FTX, and was FTX&rsquo;s Director of Engineering at the time of its collapse in November 2022.</span></p>

Related Keywords

New York ,United States ,Bahamas ,The ,Yusuf Capar ,Nina Ruvinsky ,Samuel Bankman ,Jack Murphy ,Gary Wang ,Caroline Ellison ,Ray Lavko ,Bryan Hsueh ,Joseph Patrick ,Scottr Williamson ,Robertt Howell ,Gretchen Lowe ,Benjamin Jackman ,Alameda Co ,Carlin Metzger ,Elizabethn Pendleton ,Nishad Singh ,Ansley Schrimpf ,Alameda Research ,Division Of Clearing ,Division Of Enforcement ,Trading Ltd ,Us District Court ,Commodity Exchange ,Federal Bureau Of Investigation ,Division Of Enforcement Digital Asset Task ,Securities Commission ,Commodity Futures Trading Commission ,Customer Protection Fund ,Division Of Enforcement Principal Deputy ,Exchange Commission ,Bureau Of Investigation ,Division Of Market Oversight ,Whistleblower Office ,Commodity Exchange Act ,Southern District ,Samuel Bankman Fried ,Founder Gary Wang ,Enforcement Principal Deputy Director ,Chief Counsel Gretchen ,Federal Bureau ,Market Oversight ,Digital Asset Task Force ,Protection Fund ,All Regions ,Ommodities ,Cryptocurrency ,Digital Asset ,Eneral ,Arket Surveillance ,Regulation ,