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FTX’s Singh Bought His Dream House in October. It’s the Government’s Now
Late last year FTX engineering chief Nishad Singh snapped up a Pacific Northwest vacation home with a commanding view of the San Juan Islands as a retreat from his job at the red hot crypto exchange. Now it will go to the US government, after Singh agreed to forfeit the six-bedroom, $3.7 million property as part of his guilty plea in the federal fraud case over the exchange’s implosion, according to people familiar with the case. They spoke on the condition of anonymity because the forfeiture was redacted from court records. The home, perched on a wooded hill, features a lap pool, a hot tub and fruit trees dotting ... (full story)
