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Former Executive Nishad Singh Pleads Guilty to Criminal Charges in FTX Collapse

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Nishad Singh, former engineering chief of bankrupt cryptocurrency exchange FTX, pleaded guilty to fraud and several other criminal charges at a hearing on Tuesday related to the collapse of the company, Bloomberg reported. Bahamas-based FTX, once one of the world’s biggest crypto exchanges, collapsed in November last year and the founder and former head Sam Bankman-Fried also faces a list of criminal charges, including money laundering. (forkast)

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