What is disgorgement in the FTX case?

Disgorgement forces execs like Singh to repay profits from fraud—$3.7M here, no interest or penalties added.

Who is Nishad Singh FTX?

MIT grad, ex-engineering lead at FTX. Coded fraud tools, flipped on SBF, avoided jail via cooperation.

Will other FTX executives get bans like Singh?

Likely—Gary Wang's next. But deals vary; full cooperation buys leniency, holdouts like SBF face the hammer.

Nishad Singh's $3.7M FTX Bill: Ban Hammer Drops, But Mercy Flows

Nishad Singh thought coding for Sam Bankman-Fried was a dream gig. Now? He's out $3.7 million and banned from trading forever. Cooperation bought him leniency—but FTX victims aren't cheering.

Fintech Pulse Apr 03, 2026 4 min read 75 views

Nishad Singh, former FTX executive, facing CFTC disgorgement and trading bans

⚡ Key Takeaways

Nishad Singh ordered to pay $3.7M disgorgement, banned from trading due to FTX role. 𝕏
CFTC skips penalties thanks to his testimony against SBF—cooperation pays. 𝕏
Sets precedent for insider deals, leaving victims shortchanged amid selective justice. 𝕏

Written by

Aisha Patel

Former ML engineer turned writer. Covers computer vision and robotics with a practitioner perspective.

#CFTC penalties #FTX collapse #Nishad Singh #crypto regulation

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Originally reported by Banking Dive

⚡ Key Takeaways

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