CandleFocus Nishad Singh receives FTX chief’s support ahead of today’s sentencing
2024-10-30
Author: Content Editor
Former FTX executive Nishad Singh, who pleaded guilty to charges related to the theft of $8 billion in customer funds from the collapsed exchange, has received a letter of support from FTX bankruptcy CEO John J. Ray III. The letter, addressed to Judge Lewis Kaplan, highlights Singh's cooperation with debtors and a final settlement between Singh and debtors is said to be in the works. Singh's hearing is scheduled for 3 pm, Eastern Time.
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