Shattered FTX logo
  • Nishad Singh was FTX's Director of Engineering and had a 7.8% stake in the crypto exchange.
  • The 27-year-old will plead guilty to fraud charges, according to Bloomberg.
  • Singh received a $543 million loan from Alameda Research, per bankruptcy filings.

Since FTX's downfall last November, one of the firm's key executives, Nishad Singh, has remained out of the public eye even as other top figures have ended up in the crosshairs of investigations into the exchange.

The 27-year-old is the latest member of Sam Bankman-Fried's inner circle to plead guilty to US criminal charges over his role in alleged fraud that caused the firm's collapse, according to a Bloomberg report.