Singh admitted to his role in one of the largest financial frauds in US history and expressed remorse for the harm caused to innocent victims.
During the hearing, Singh stated, 'I am overwhelmed with remorse for the harm that I participated in and that I caused to so many innocent people.'
Singh, who was spared prison time, said he had strayed from his values and felt an enormous debt to society due to his actions.
Judge Kaplan praised Singh for his cooperation, stating, 'You immediately and truthfully...fully unburdened yourself to the government about wrongdoing...'
Prosecutors urged leniency for Singh based on his cooperation as a witness against Bankman-Fried, who is serving a lengthy prison sentence.
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