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Former FTX engineer Nishad Singh agrees to $3.7M penalty in CFTC settlement – TON BOT

Former FTX engineer Nishad Singh agrees to $3.7M penalty in CFTC settlement

Former FTX head of engineering Nishad Singh agreed to pay a $3.7 million fine to resolve his case with the US commodities regulator. The settlement includes a five-year trading ban, an eight-year registration ban, and no additional penalties due to his cooperation. Singh was accused of misappropriating funds during FTX’s collapse.


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