According to Bloomberg, citing sources, former FTX engineering director Nishad Singh participated in an offer meeting at the U.S. Attorney’s Office for the Southern District of New York last week, met with U.S. federal prosecutors, and sought to reach a cooperation agreement with U.S. prosecutors on the FTX charges, He is also the third SBF partner to seek cooperation with prosecutors. Foresight News notes that individuals at offer sessions are often granted limited immunity to share what they know with prosecutors, who must weigh the value of the information before deciding whether to offer him a deal to plead guilty and cooperate. in exchange for possible leniency. Previously, Caroline Ellison and Gary Wang had reached a cooperation agreement with the authorities.
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