Ex-FTX Executive Spared Prison Sentence After Cooperating Against Sam Bankman-Fried

Ex-FTX Executive Spared Prison Sentence After Cooperating Against Sam Bankman-Fried
Ex-FTX executive Nishad Singh leaves Manhattan federal court in New York on Oct. 30, 2024. Larry Neumeister/AP Photo
The Associated Press
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NEW YORK—An ex-FTX executive who testified against the cryptocurrency firm’s founder at his trial last year was spared a prison sentence Wednesday by a federal judge who credited his substantial cooperation and late arrival in the multibillion-dollar fraud.

Nishad Singh, the company’s former engineering director, was sentenced in Manhattan by Judge Lewis A. Kaplan, who said his cooperation was “remarkable.”