An FTX claims broker with experience in Mt Gox, Celsius, and Voyager Digital cases has been mandated to return $1.9 million after using embezzled funds for personal luxury and crypto investments.

The failed cryptocurrency exchange FTX and the US Commodity Futures Trading Commission (CFTC) have reached a $12.7 billion settlement, awaiting approval by a Delaware judge.

Two former FTX executives, Nishad Singh and Gary Wang, will be sentenced this fall after pleading guilty and cooperating with authorities in the FTX scandal.

Nishad Singh, former FTX Director of Engineering will be sentenced this year, court documents reveal. Singh alongside Gary Wang and other FTX allies pleaded guilty and testified against their former boss. Amid the lengthy period between the implosion