The former CEO of FTX’s Bahamas subsidiary was sentenced Tuesday (May 28) to a prison term longer than the prosecutors had asked for. Ryan Salame was sentenced to 7.5 years in prison by a U.S. judge after prosecutors sought a term of five to seven...
Former FTX executive Ryan Salame reportedly plans to plead guilty to criminal charges related to the collapse of the cryptocurrency exchange. This development comes just weeks before the trial of FTX co-founder Sam Bankman-Fried, who is facing charges of orchestrating a multibillion-dollar fraud, Bloomberg reported Thursday (Sept. 7),...
Sam Bankman-Fried’s fraudulent cryptocurrency empire fell apart last November. So too did the hopes and financial goals of the more than 1 million customers who entrusted his FTX platform with their hard-earned money, only to have Bankman-Fried and his cohort of executives abscond with over...
August 22, 2024
Last year former FTX executive Ryan Salame cut a deal with federal prosecutors. Now, Salame says the government is not holding up its end of the bargain, and is asking a judge to enforce his plea deal. According to court records, Salame’s deal would have stopped a government probe into his partner, cryptocurrency think tank CEO Michelle Bond, […]
May 28, 2024
The former CEO of FTX’s Bahamas subsidiary was sentenced Tuesday (May 28) to a prison term longer than the prosecutors had asked for. Ryan Salame was sentenced to 7.5 years...
September 07, 2023
Former FTX executive Ryan Salame reportedly plans to plead guilty to criminal charges related to the collapse of the cryptocurrency exchange. This development comes just weeks before the trial of FTX co-founder...
