• Nishad Singh's lawyer claims he’s an 'unusually selfless particular person'
• They consider his sentence ought to be lighter as a result of his function within the collapse of FTX was restricted.

FTX's former know-how chief has requested a decide to waive his jail sentence, in keeping with his lawyer.

Based on Bloomberg, Nishad Singh's legal professionals filed a memo with a federal decide in Manhattan saying his function within the collapse of the cryptocurrency trade was restricted and citing “the exemplary life he seeks to steer.” argued that he deserved a lighter sentence.

“His circumstances are uncommon in all respects related to sentencing: his private historical past and traits, his function within the crimes he’s charged with, his velocity of cooperation, his response to the collapse of FTX, and the way he has lived his life since then. ,” his lawyer wrote.

Additionally they described him as an “unusually selfless particular person” and that his function was “way more restricted than the opposite defendants.”

In February 2023, Singh was charged with withdrawing $6 million in buyer funds from FTX to Alameda Analysis. He pleaded responsible to 6 felony prices, together with conspiracy to commit fraud and cash laundering.

Singh additionally testified in October towards his former boss and CEO of FTX, Sam Bankman Fried.

Mr. Bankman Freed was convicted of fraud and conspiracy and sentenced to 25 years in jail. Former Alameda Analysis CEO Caroline Ellison was sentenced to 24 months in jail in September. Former FTX govt Ryan Salame was sentenced to 90 months in jail in Might.

Singh is scheduled to be sentenced on October thirtieth.