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Former FTX Exec Ryan Salame Gets 7.5 Years In Prison


Former FTX executive and Sam Bankman-Fried associate Ryan Salame has been sentenced to 7.5 years in prison for criminal charges stemming from his time at the crypto exchange following a Tuesday morning hearing at Manhattan federal court. The post Former FTX Exec Ryan Salame Gets 7.5 Years In Prison...

FTX Group Paid $25 Million In Settlement To Whistleblowers Before Collapse


Sam Bankman-Fried’s FTX Group paid over $25 million in hush money to seven whistleblowers before the doomed crypto exchange collapse in November 2022, an independent examination released Thursday has found. The report's release comes just days before former FTX executive Ryan Salame is set to...

Prosecutors Push 5-7 Year Sentence For FTX Exec Ryan Salame


U.S. prosecutors are pushing for a 5 - 7 year sentence for former FTX executive Ryan Salame on charges stemming from his time at Sam Bankman-Fried’s doomed crypto exchange, a new court filing reveals. Salame is the first executive of the exchange outside of Sam Bankman-Fried to be formally...

Prosecutors Recommend 5-7 Year Sentence for Former FTX Executive Ryan Salame


Prosecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for May 28, 2024. This recommendation contrasts sharply with Salame’s legal team’s plea for a more lenient punishment of no more than 18 months. Clash Over...

US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame


Prosecutors argue that former FTX executive Ryan Salame's crimes warrant a substantial prison term, beyond the 18 months previously requested by his lawyers, with sentencing scheduled for May 28. The post US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame appeared first on Cryptonews

Former FTX Boss Ryan Salame Gives up $5.9M Bahamas House


Former co-CEO of FTX Digital Market Ryan Salame is to transfer a $5.9 million house he owns in the Bahamas to settle criminal charges. The post Former FTX Boss Ryan Salame Gives up $5.9M Bahamas House appeared first on Cryptonews

Judge to Sentence Former FTX Executive Ryan Salame in Late May


Initially scheduled for May 1, the sentencing of Ryan Salame, former co-chief executive of FTX Digital Markets, has been deferred to May 28, 2024, in front of Judge Lewis Kaplan. Ryan Salame, Once FTX’s Co-Leader, Slated for May Sentencing Per the judicial records, Ryan Salame, once...

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