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...
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 in prison by a U.S. judge after prosecutors sought a term of five to seven years and the defense asked for 18 months or less, […]
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...
