Nishad Singh's $3.7M FTX Bill: Ban Hammer Drops, But Mercy Flows
Nishad Singh thought coding for Sam Bankman-Fried was a dream gig. Now? He's out $3.7 million and banned from trading forever. Cooperation bought him leniency—but FTX victims aren't cheering.
⚡ Key Takeaways
- Nishad Singh ordered to pay $3.7M disgorgement, banned from trading due to FTX role.
- CFTC skips penalties thanks to his testimony against SBF—cooperation pays.
- Sets precedent for insider deals, leaving victims shortchanged amid selective justice.
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Originally reported by Banking Dive
