FTX's former chief engineer hands over his $3.7 million vacation home to the US government as it's believed to be linked to his crimes, report says

• FTX's Nishad Singh forfeited a $3.7 million vacation home to the US government, Bloomberg reported. 
• The mansion, bought weeks before FTX's collapse, is believed to be tied to Singh's crimes. 
• The SEC accused Singh of withdrawing $6 million from FTX for personal expenditure.

FTX's former chief engineer Nishad Singh relinquished a $3.7 million vacation home in the Pacific Northwest to the US government because prosecutors believe it's tied to his crimes, Bloomberg reported on Thursday.