Judge Lewis Kaplan emphasized Singh's cooperation, stating that it significantly influenced his decision to impose no prison time, noting, "Your involvement was much more limited than Bankman-Fried and Ellison." He highlighted the importance of Singh's testimony in the broader context of what he called one of the biggest financial frauds in U.S. history.
Singh expressed profound remorse during his hearing, stating, "I am overwhelmed with remorse for the harm that I participated in and that I caused to so many innocent people," indicating a strong recognition of the consequences of his actions.
Prosecutors advocated for leniency by highlighting Singh’s cooperation, stating, "His willingness to testify against his former boss and admit wrongdoing was crucial in achieving justice for the victims of this massive fraud."
Singh, who had to confront his actions as FTX's former chief engineer, conveyed his internal struggle, admitting, "I strayed so far from my values," revealing an introspective moment about his role in the fraud.
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