
FTX’s Nishad Singh reportedly approaches plea deal
The former exchange employee otherwise faces charges from prosecutors.

Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.

Two notable developments took place in U.S. courts today.

Following FTX's bankruptcy, SBF's $400 million investment in Modulo Capital was converted into cash and kept in an interest-bearing account at JPMorgan.

FTX's committee of unsecured creditors has subpoenaed FTX insiders including Sam Bankman-Fried, Zixiao Wang, Caroline Ellison, and more.

Prosecutors allege the use of a VPN is no different than use of encrypted messaging apps like Signal, which SBF is forbidden to use while on bail

SBF's lawyers said he only used the VPN to watch the National Football League (NFL) playoffs and the Super Bowl via an international subscription.

After the fall of the FTX crypto exchange many investors have to reconsider their approach to investments to protect them from fraud, hacks, or misappropriation.



