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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...

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

FTX Gets Backlash Despite Planned Full Repayment Plus Interest


FTX is planning to repay customers, but the plan is facing a backlash from creditors. The plan involves paying creditors in US dollars based on their account value at the time of FTX's collapse, not the current market value of their crypto holdings. This has caused outrage among creditors who feel t...

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