Legal settlement requires former FTX engineer to repay $3.7 million
The U.S. Commodity Futures Trading Commission (CFTC) has reached a legal settlement with Nishad Singh, the former engineering chief of the FTX platform, mandating him to return $3.7 million in illegal profits linked to his role in the platform's collapse. This action is part of ongoing investigations into the downfall of one of the world's largest cryptocurrency exchanges.