A GitHub account with the same name as a former FTX executive created code to hide Alameda Research’s mounting debt, reports say.

Engineering director Nishad Singh, 26, was said to have had an account used to hide the financial black hole.

He has not been charged with any crime since the implosion of the multi-billion dollar company and arrest of founder and CEO Sam Bankman-Fried.

It comes after SBF was arrested in the Bahamas, where he is currently imprisoned in a jail described by its former warden as ‘unfit for humanity.’

Meanwhile in New York, Caroline Ellison – the former CEO of FTX’s sister enterprise Alameda Research and SBF’s ex-girlfriend – was spotted at a downtown coffee shop.

Legal experts claim she likely flipped on SBF, 30, and provided the government with information that led to his arrest.

SBF is taken in handcuffs into custody in the Bahamas on December 13 following the shock collapse of his cryptocurrency exchange FTX

SBF is taken in handcuffs into custody in the Bahamas on December 13 following the shock collapse of his cryptocurrency exchange FTX

SBF is taken in handcuffs into custody in the Bahamas on December 13 following the shock collapse of his cryptocurrency exchange FTX

Former Alameda Research CEO and SBF's ex Caroline Ellison was allegedly spotted in a Soho coffee shop on Monday. Legal experts now say they believe she flipped on SBF in her conversations with law enforcement

Former Alameda Research CEO and SBF's ex Caroline Ellison was allegedly spotted in a Soho coffee shop on Monday. Legal experts now say they believe she flipped on SBF in her conversations with law enforcement

Former Alameda Research CEO and SBF’s ex Caroline Ellison was allegedly spotted in a Soho coffee shop on Monday. Legal experts now say they believe she flipped on SBF in her conversations with law enforcement 

The GitHub evidence, reviewed by Bloomberg, has led to the partial understanding of a ‘Korea expenses’ account.

GitHub is an internet hosting service for software development – a code repository commonly used by people and firms to store and share code. It is frequently used by developers working together.

The account, which was allegedly created to hide Alameda’s growing debts, was not easily identifiable as belonging to the firm, said the US Commodity Futured trading Commission.

The firm’s debts eventually soared to at least $8billion prior to the company’s shocking collapse last month.

Former federal prosecutor Duncan Levin said it is typical for ‘white-collar cases of this magnitude’ to be ‘under investigation for months, if not years’ prior to an indictment.

Therefore the recently secured indictment against SBF implies prosecutors have been able to develop a case ‘on a torrent of bank and other financial records.’ 

Meanwhile Howard Fischer, formerly of the Securities and Exchange Commission, told the New York Post Ellison, 28, who was spotted in NYC this week, has ‘among the greatest incentives to cooperate’ with law enforcement authorities seeking information on SBF and the crypto kingdom’s epic downfall.

Furthermore, Fischer speculated the ‘speed of the indictment and the breadth of the charges’ against SBF, indicate ‘someone relatively senior is cooperating with he federal authorities in exchange for leniency for their own potential misconduct.’

‘Often, the first to the table gets the most lenient treatment, so it is smart to turn before others have the chance to.

‘It is possible Bankman-Fried’s publicity tour, in which he repeatedly disclaimed either knowledge of – or responsibility for – mishandling or theft of customer assets, spurred senior officers to fear that he would specifically blame them,’ he continued.

GitHub is an internet hosting service for software development - a code repository commonly utilized by individuals and companies to store and share code

GitHub is an internet hosting service for software development - a code repository commonly utilized by individuals and companies to store and share code

GitHub is an internet hosting service for software development – a code repository commonly utilized by individuals and companies to store and share code

A GitHub account with the same name as former FTX director of engineering Nishad Singh allegedly helped hide the massive debts accrued by Alameda

A GitHub account with the same name as former FTX director of engineering Nishad Singh allegedly helped hide the massive debts accrued by Alameda

A GitHub account with the same name as former FTX director of engineering Nishad Singh allegedly helped hide the massive debts accrued by Alameda

Manhattan US Attorney Damian Williams, who is leading the investigation into FTX's rapid collapse, said earlier this week that former FTX and Alameda employees who engaged in wrongdoing should 'come see us before we come to you'

Manhattan US Attorney Damian Williams, who is leading the investigation into FTX's rapid collapse, said earlier this week that former FTX and Alameda employees who engaged in wrongdoing should 'come see us before we come to you'

Manhattan US Attorney Damian Williams, who is leading the investigation into FTX’s rapid collapse, said earlier this week that former FTX and Alameda employees who engaged in wrongdoing should ‘come see us before we come to you’

SBF is currently evaluating his legal options after a Bahamian judge denied him release on $250,000 cash bail and an ankle monitor. The prison he is in is known for its poor conditions, including rat and maggot infestations

SBF is currently evaluating his legal options after a Bahamian judge denied him release on $250,000 cash bail and an ankle monitor. The prison he is in is known for its poor conditions, including rat and maggot infestations

SBF is currently evaluating his legal options after a Bahamian judge denied him release on $250,000 cash bail and an ankle monitor. The prison he is in is known for its poor conditions, including rat and maggot infestations

Damian Williams, the Manhattan US Attorney leading the investigation into SBF and co., seemed to confirm Tuesday that some of his co-workers had already flipped on him, when he said, ‘To anyone who participated in wrongdoing at FTX or Alameda Research and who has not yet come forward, I would strongly encourage you to come see us before we come to you.’

He added that he is ‘not at liberty to say’ who has already voluntarily spoken with them thus far.

SBF was arrested in the Bahamas on Monday on an eight-count indictment accusing him of defrauding FTX customers and using funds from sister-enterprise Alameda Research to illegally donate to Republican and Democratic politicians.

His attorney says he is currently reviewing his legal options, but will fight extradition, the hearing for which is scheduled for February.

The prison in which he is currently spending time is reportedly infested with rats and maggots. He was denied his request to be released on $250,000 cash bail with an ankle monitor to track his movements.

One report suggested that SBF’s relatives called the prison to see if vegan meals could be delivered to the facility. The exchange founder famously keeps a strict vegan diet.

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