CFTC-FTX Settlement: Former FTX Executive Nishad Singh to Pay $3.7 Million, Faces Trading Ban

Former FTX engineering chief Nishad Singh has been fined $3.7 million and handed trading and registration bans by the US CFTC. The settlement relates to his role in the exchange’s collapse and misuse of customer funds. Regulators cited his cooperation in the investigation while highlighting the broader push to strengthen oversight and accountability in the crypto sector.
Source: gadgets360-tech