The Commodity Futures Trading Commission (CFTC) has finalized its enforcement action against Nishad Singh, former head of engineering at FTX, with a court order mandating $3.7 million in disgorgement. The order also imposes a five-year trading ban and an eight-year registration ban on Singh, effective from the initial consent order date in April 2023. This resolution underscores the CFTC's strategy of leveraging cooperation in major crypto fraud investigations. Singh was found liable for fraud by misappropriation and aiding such conduct, leading to permanent injunctions against violating antifraud provisions under the Commodity Exchange Act. The CFTC highlighted Singh's cooperation in both its investigation and related criminal proceedings as a factor in not pursuing additional financial penalties. Singh has pleaded guilty to six counts, including conspiracy to commit commodities fraud, in a related federal case. This case emphasizes the importance of cooperation in shaping enforcement outcomes and signals stronger oversight of digital asset platforms.