FTX Co-Founder Nishad Singh Pleads Guilty to Fraud Charges

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FTX Co-Founder Nishad Singh Pleads Guilty to Fraud Charges
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Breaking: FTX co-founder Nishad Singh pleaded guilty to fraud charges and agreed to cooperate against his former boss, Sam Bankman-Fried

FTX co-founder and former director of engineering Nishad Singh pleaded guilty to fraud charges and agreed to cooperate against his former boss, Sam Bankman-Fried, making him the third person in the FTX founder’s orbit to do so.

Mr. Singh, 27 years old, pleaded guilty to six criminal counts, including conspiring to commit securities and commodities fraud, during a hearing Tuesday in federal court in Manhattan.

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