Sam Bankman-Fried Associate Nishad Singh Is Third to Meet With Prosecutors
- The former engineer took part in proffer session for FTX probe
- Prosecutors probe FTX’s web of political campaign donations
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Former FTX engineering chief Nishad Singh met with federal prosecutors in a bid to become the third member of Sam Bankman-Fried’s inner circle to seek a cooperation deal in the fraud case over the cryptocurrency exchange’s collapse.
Singh, who has not been accused of wrongdoing, attended a so-called proffer session last week at the Southern District of New York US Attorney’s Office, according to people familiar with the matter. At such meetings, individuals are usually granted a limited immunity to share what they know with prosecutors.