Nishad Singh, the former director of engineering at now-bankrupt cryptocurrency exchange FTX, has pleaded guilty to US criminal charges and agreed to cooperate with prosecutors investigating FTX founder Sam Bankman-Fried.
“I am unbelievably sorry for my role in all of this,” Singh said on Tuesday, adding that he knew by mid-2022 that Bankman-Fried’s hedge fund, Alameda Research, was borrowing FTX customer funds and customers were not aware. Singh said he would forfeit proceeds from the…