Singh, 29, who pleaded responsible to 6 prison counts together with wire fraud and conspiracy in February, is the fourth FTX govt to be sentenced for his position within the fraud. Bankman-Fried was sentenced to 25 years in jail in March for his position as ringleader. Former FTX Digital Markets CEO Ryan Salame, who didn’t testify towards Bankman-Fried, lately started serving his 7.5 12 months jail sentence. And Caroline Ellison, former Alameda Analysis CEO and one-time girlfriend of Bankman-Fried, was sentenced to 2 years by the identical choose, District Choose Lewis Kaplan of the Southern District of New York (SDNY), final month – her sentence closely discounted by her immediate and intensive cooperation with prosecutors.
