The U.S. Commodity Futures Trading Commission has formally resolved its civil enforcement action against Nishad Singh, the former head of engineering at the collapsed cryptocurrency exchange FTX, ordering him to disgorge $3.7 million for his role in one of the largest frauds in crypto history. A federal judge in the Southern District of New York entered a supplemental consent order against Singh on April 1, 2026. The order imposes a $3.7 million disgorgement and requires Singh to maintain ongoing cooperation with the Commission. It also carries a five-year ban on trading in CFTC-regulated markets and an eight-year ... (full story)