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HomeLaw & PoliticsKnow More About Nishad Singh, Member Of Bankrupt Crypto Company FTX

Know More About Nishad Singh, Member Of Bankrupt Crypto Company FTX

According to the information provided on Nishad’s LinkedIn page, he has been working at FTX as the Director of Engineering ever since April 2019. Before he took this position, he worked at Alameda Research as the Director of Engineering.

In 2017, Nishad Singh held the position of Software Engineer at Facebook for a total of five months during his employment there. Additionally, in 2016, he served as an intern at the colossal social media company. Nishad attended the University of California, Berkeley for his undergraduate studies and received a Bachelor of Science (BS) degree in electrical engineering and computer science engineering in 2017. 

Nishad Singh and Sam Bankman were roommates:

Nishad Singh was reportedly Sam Bankman’s roommate, as stated in an article that was published by CoinDesk on Friday. A source who didn’t want to be named told CoinDesk that Nishad, FTX’s chief technology officer (CTO), Gary Wang, and Sam Bankman-Fried were in charge of the exchange’s code, matching engine, and finances.

The cryptocurrency trading company FTX has filed for bankruptcy, and Sam Bankman-Fried, the company’s former chief executive officer (CEO), has left his job. On Friday, sources who are familiar with the situation informed the news agency Reuters that Bankman-Fried illegally moved $10 billion of client funds from FTX to his trading business, Alameda Research.

In addition to Bankman-Fried, additional FTX workers who were a part of his inner circle have been investigated for financial practices that contributed to the failure of the cryptocurrency trading business. These employees were involved in the activities that led to the collapse of the company. Nishad Singh, who is of Indian descent and formerly worked for FTX as the Director of Engineering, is one of the personnel that are part of the inner circle at Bankman-Fried.

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Reporter
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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