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{"actor":"system:backfill","investigation_id":"48467414-7d60-491a-a39b-2c6a16c13df9","kind":"publish","page_slug":"nishad-singh","published_at":"2026-05-30T19:11:07.422Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Nishad Singh","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.cnbc.com/2022/12/06/former-ftx-engineer-quietly-became-millionaire-democratic-donor.html","type":"other","url":""},{"credibility":3,"name":"https://prisonpedia.com/wiki/Nishad_Singh","type":"other","url":""},{"credibility":3,"name":"https://www.dlnews.com/articles/people-culture/ftx-executive-nishad-singh-details-sbf-embarrassing-spending/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.theblock.co/post/254916/ftx-employees-discovered-alameda-backdoor-months-before-collapse","type":"other","url":""},{"credibility":3,"name":"https://www.techmeme.com/221215/p9","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/policy/2023/10/05/ftx-employees-knew-about-the-backdoor-to-alameda-months-before-collapse-wsj","type":"other","url":""},{"credibility":3,"name":"https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25652","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.cnbc.com/2023/02/28/ftx-ex-engineering-head-nishad-singh-pleads-guilty-to-criminal-charges.html","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/policy/2023/02/28/former-ftx-engineering-director-nishad-singh-pleads-guilty-to-criminal-charges-reuters","type":"other","url":""},{"credibility":3,"name":"https://www.cnn.com/2023/02/28/investing/nishad-singh-ftx-guilty-plea/index.html","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://cointelegraph.com/news/sec-cftc-press-civil-charges-against-former-ftx-exec-singh-parallel-to-criminal-case","type":"other","url":""},{"credibility":3,"name":"https://www.bloomberg.com/news/articles/2026-04-01/cftc-resolves-fraud-case-against-ex-ftx-engineering-chief-singh","type":"other","url":""},{"credibility":3,"name":"https://www.sec.gov/newsroom/press-releases/2023-40","type":"other","url":""},{"credibility":3,"name":"https://blockchainmagazine.net/former-ftx-engineering-chief-nishad-singh-settles-cftc-charges-for-3-7-million/","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/former-ftx-engineer-nishad-singh-agrees-to-3-7m-penalty-in-cftc-settlement/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.cnbc.com/2022/12/06/former-ftx-engineer-quietly-became-millionaire-democratic-donor.html","type":"other","url":""},{"credibility":3,"name":"https://fortune.com/crypto/2023/10/16/ftx-straw-donor-sam-bankman-fried-nishad-singh/","type":"other","url":""},{"credibility":3,"name":"https://slate.com/technology/2023/10/sam-bankman-fried-political-donations-celebrity-endorsements-michael-kives.html","type":"other","url":""},{"credibility":3,"name":"https://www.theblock.co/post/192654/ftx-prolific-democrat-party-donor-cnbc","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.marketplace.org/story/2023/10/19/what-we-learned-from-nishad-singhs-testimony-in-the-sbf-trial/","type":"other","url":""},{"credibility":3,"name":"https://www.courthousenews.com/no-jail-time-for-former-ftx-exec-nishad-singh-an-early-cooperator-against-bankman-fried/","type":"other","url":""},{"credibility":3,"name":"https://cointelegraph.com/news/ftx-nishad-singh-sentencing-memo-prosecutors-cooperation","type":"other","url":""},{"credibility":3,"name":"https://www.cnbc.com/2024/10/30/ftxs-nishad-singh-gets-not-jail-time-3-years-supervised-release.html","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.cnbc.com/2024/10/30/ftxs-nishad-singh-gets-not-jail-time-3-years-supervised-release.html","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/policy/2024/10/30/ftxs-nishad-singh-gets-no-prison-time-for-role-in-crypto-exchange-collapse","type":"other","url":""},{"credibility":3,"name":"https://www.aljazeera.com/economy/2024/10/30/former-ftx-executive-nishad-singh-spared-prison-for-cooperation","type":"other","url":""},{"credibility":3,"name":"https://bettermarkets.org/newsroom/ftx-co-conspirator-nishad-singhs-cooperation-convicting-ftx-kingpin-sam-bankman-fried-was-important-but-not-a-get-out-of-jail-free-card/","type":"other","url":""},{"credibility":3,"name":"https://www.nbcnews.com/tech/tech-news/ftxs-nishad-singh-gets-no-jail-time-role-crypto-fraud-rcna178120","type":"other","url":""}]}],"sources_used":[],"summary":"Nishad Singh is a former software engineer who served as Director of Engineering at FTX, the cryptocurrency exchange that collapsed in November 2022 following the misappropriation of more than $8 billion in customer funds. Singh pleaded guilty in February 2023 to six criminal charges including wire fraud, commodities fraud, securities fraud, money laundering conspiracy, and campaign finance violations, and was sentenced in October 2024 to time served with no prison after providing extensive cooperation against FTX founder Sam Bankman-Fried. A supplemental CFTC civil settlement was reached in April 2026, requiring Singh to disgorge $3.7 million and subjecting him to a five-year trading ban.","timeline":[{"date":"2017-01-01","event":"Nishad Singh joins Alameda Research as an engineer after graduating from UC Berkeley","source":""},{"date":"2019-01-01","event":"FTX founded; Singh becomes Director of Engineering and moves to the Bahamas with Bankman-Fried's inner circle","source":""},{"date":"2022-05-01","event":"FTX employees in the United States discover Alameda Research's backdoor negative-balance exemption in the codebase and flag it to Singh; the issue is not corrected","source":""},{"date":"2022-09-01","event":"Singh confronts Bankman-Fried on the penthouse balcony about a massive shortfall in customer funds; Bankman-Fried dismisses the concern","source":""},{"date":"2022-11-12","event":"FTX files for bankruptcy; Singh returns to the United States shortly before the filing","source":""},{"date":"2022-11-01","event":"Singh has his first meeting with federal prosecutors in November 2022 after returning to the United States","source":""},{"date":"2022-12-15","event":"Bloomberg reports that a GitHub account bearing Singh's name authored code used to mask Alameda Research's ballooning liabilities on FTX","source":""},{"date":"2023-02-28","event":"Singh pleads guilty to six criminal counts in Manhattan federal court, including wire fraud, commodities fraud, securities fraud, money laundering conspiracy, and campaign finance conspiracy; SEC files parallel civil charges on the same day","source":""},{"date":"2023-10-03","event":"Singh testifies for the prosecution at Sam Bankman-Fried's criminal trial in Manhattan, describing the fund misappropriation and campaign finance scheme","source":""},{"date":"2023-11-02","event":"Sam Bankman-Fried is convicted on all seven counts following a jury trial; Singh's testimony is credited as a core part of the prosecution's case","source":""},{"date":"2024-10-30","event":"Judge Lewis Kaplan sentences Singh to time served and three years of supervised release; Singh is ordered to forfeit $11.2 billion and surrender Bahamian real estate, Anthropic shares, and crypto assets","source":""},{"date":"2026-04-01","event":"CFTC finalizes civil settlement with Singh; he agrees to disgorge $3.7 million, accept a five-year trading ban, and be prohibited from CFTC registration for eight years","source":""}]},"v":1}