All About Blockchain by Stephen Hodgkiss
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The former chief engineer of FTX is under investigation by US law enforcement, accused of meeting with prosecutors in New York.

According to a report citing people familiar with the matter, US law enforcement officials are looking into Nishad Singh, a former chief engineer at FTX. Another story, published on January 1. On December 10, 2023, it was reported that Singh met with federal prosecutors during an indictment hearing held at the US Attorney’s Office for the Southern District of New York. In addition, federal prosecutors have revealed that the investigation into alleged fraud at FTX involving Sam Bankman-Fried is so extensive that the New York Southern District Attorney’s Office may have destroyed all of its resources. Former FTX manager Nishad Singh under investigation by SDNY prosecutors, cooperation may leave SBF separated

Five days ago, a report said that Nishad Singh, the former director of engineering at FTX, was on the radar of US law enforcement officials in the Southern District of New York (SDNY). The information was dismissed by “people familiar with the matter” and Singh’s recent activities were unknown. What is known about the former director of engineering at FTX is that he gave $9.3 million to Democratic candidates since 2020. Singh said he gave the code to the platform. FTX format and text description. Singh borrowed $543 million from Alameda Research before the company collapsed. On Tuesday, another Bloomberg report explained that Singh was spotted in the Southern District of New York (SDNY) and interviewed by local law enforcement. Often times, sessions are intended to allow defendants or suspects to reduce or deny their crimes. However, they are not always working for the person and after the disclosure session is done, the participant can still be charged with the same crime. Singh’s alleged meeting with “people familiar with the matter” has also been recorded and released.

Bloomberg’s Ava Benny-Morrison explained that if Singh works in the same way as FTX author Gary Wang and former Alameda mayor Caroline Ellison, he could leave SBF’s Sam Bankman-Fried” neutral. Benny- Morrison communicated the New York District Attorney’s Office and Singh’s attorney, AndrewD. Goldstein, and the two companies have refused to speak.

In addition to the contended allegations against Singh’s attorneys and the SDNY, Fox Business Network’s Charles Gasparino reported this week that prosecutors have complaints that coffers may be extended in the fraud disquisition involving FTX and SBF.

The prosecutors are telling the prosecutors connected to the fraud disquisition of( Sam Bankman- Fried) that the case is so expansive that it could drain the means of the Southern District because it involves the right to bribery, the violation of crusade benefactions information, marketing fraud in addition to theft( and) fraud, Gasparino wrote on Monday. numerous people mocked the state of the government and others mocked the SBF. One of them joked “Resource reduction is what SBF seems to do so stylishly,”.

By Steve Hodgkiss

I’m Steve Hodgkiss. I’m a web developer living in-between the United Kingdom and S.E. Asia. I am a fan of technology, travel and food. I’m also interested in programming and web development. Born in the UK, after finishing school I graduated from Technical College with a HND (Higher National Diploma). After working my way up as an Employee of various companies, I went Freelance in 1987. Working both in the UK and locations worldwide, I soon built up my reputation as a very competent developer, being retained by one particular Bank for 15 years. The last few years I've developed more experience that relates to Blockchain Technology and the way it can empower governments, businesses and customers. This includes the development of blockchain platforms and Cryptocurrency exchanges.