2023-10-29 16:16 |
This week saw Bitcoin (BTC) hit a new yearly high; Sam Bankman-Fried testifies; Gemini sues Genesis Global, Elon Musk has crypto plans and regulatory efforts resurface.
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Former FTX executive, Nishad Singh, avoids prison time after being sentenced the Manhattan federal judge. Singh is sentenced to three years of supervised release for his role in FTX’s collapse.
US prosecutors have requested that the court favorably consider former FTX executive Nishad Singh’s “substantial assistance” during their investigation into the failed crypto exchange, according to an Oct.
Nishad Singh’s lawyers claim he is an “uncommonly selfless individual” They believe he should receive a lighter sentence because of his limited role in FTX’s collapse The former head of engineering at FTX has asked a judge to spare him a prison sentence, according to lawyers representing him.
Former FTX head of engineering, Nishad Singh, urged a Manhattan federal judge to exempt him from a prison sentence for his role in the fall of the cryptocurrency exchange platform. As reported by Bloomberg on Oct. 16 lawyers representing Nishad…
Crypto cons are frequent, and the sector’s loudest and most well-known leaders have faced substantial legal trouble in recent years. You know the names: Crypto.news collected some commentary about whether the crypto industry has a serious leadership problem, or simply…
Ryan Salame, the former co-CEO of FTX Digital Markets, has requested a delay in starting his prison sentence, citing medical needs. Salame’s defense team has asked the court to push his self-surrender date from Oct. 11 to Dec. 7, allowing…
FTX, once a giant in the crypto exchange world, has cleared a major hurdle in its bankruptcy proceedings. On Monday, a US bankruptcy court approved its plan to repay customers using up to $16. 5 billion in recovered assets.