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A former management of FTX, the closed crypto trading center, has met with the United States federal prosecutor to reach an exemption agreement.

According to the latest news from Bloomberg, Nishad Singh, the former engineering director of FTX, recently visited the U.S. Federal's Office for the Southern District of New York and participated in a special lecture.

At the meeting of experts and professors, it may be the core of the criminal investigation of the federal government that is interested or is being carried out that they are granted limited resource immunity, so that they can have more knowledge of the facts of the case.

Although the conference of experts and professors does not necessarily have a strategic cooperation agreement, Bloomberg News showed that if Singh finally reached a consensus with the federal prosecutor, the founder of FTX, Rob Bankman Fried, would be increasingly excluded.

Bankman Fried was arrested in December last year and tested for eight criminal charges. Last week, he pleaded not guilty to each charge. Gary Wang, the founder of FTX, and Caroline Ellison, the former CEO of Alameda Research, a financial derivative of this disgraceful crypto trading center, surrendered themselves to a variety of criminal charges in December, and have cooperated with the prosecutor.

According to a court document submitted by Robert Ray, the new chief executive of FTX, Singh obtained a loan of $543 million from Alameda Research. According to Bloomberg News, since 2020, Singh has brought more than 9.3 million dollars to the US political candidates and federations, mainly including 8 million dollars in the last election cycle.

Business Services Publishing also stressed that the U.S. regulatory authorities such as the SEC and the Commodity Futures Trading Commission are dealing with Singh.

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