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Former FTX engineering director faces up to 75 years in prison after pleading guilty

Former engineering director of the now-defunct cryptocurrency exchange FTX, Nishad Singh, is facing up to 75 years in prison on charges related to defrauding users. Singh also revealed details of his agreement with the US Department of Justice, which led him to plead guilty to fraud charges announced in February. As part of the agreement reached with prosecutors, Singh said he "hopes not to go to jail."

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