A Fourth FTX Executive Sentenced: Forfeits $11 Billion, But No Prison Time

Slashdot
By EditorDavidNov 2, 2024, 4:44 pm702 ptsHotTop
Former FTX executive Nishad Singh was ordered to forfeit $11 billion, reports CNBC — and is subject to three years of supervised release, making him "the fourth ex-employee of the collapsed crypto exchange to be punished." But while he'd faced a maximum sentence of 75 years, he'll serve no time, according to…

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