29-year-old Singh, who admitted guilt to six criminal charges including wire fraud and conspiracy back in February, is the fourth FTX executive to receive a sentence for their involvement in the scam. Bankman-Fried, the mastermind behind the operation, was handed a 25-year prison term in March. Former FTX Digital Markets CEO Ryan Salame, who chose not to testify against Bankman-Fried, has recently commenced serving his 7.5-year prison sentence. Caroline Ellison, former Alameda Research CEO and ex-girlfriend of Bankman-Fried, was sentenced to two years by the same judge, District Judge Lewis Kaplan of the Southern District of New York (SDNY), last month – her sentence significantly reduced due to her swift and comprehensive cooperation with the prosecutors.
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