US Court Sets Sentencing for Ex-FTX Execs Nishad Singh and Gary Wang

IconCryptoNewsTerminal Staff09 Jul, 2024

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US Court Sets Sentencing for Ex-FTX Execs Nishad Singh and Gary Wang

A US court has scheduled the sentencing of former FTX Director of Engineering Nishad Singh for October 30 and FTX co-founder Gary Wang for November 20. Wang and Ellison were the first to plead guilty in connection with the collapse of FTX, followed by Singh in February 2023 to six criminal charges including fraud and money laundering. The executives testified against FTX founder Sam Bankman-Fried during his trial, which likely contributed to his 25-year prison sentence.