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Former FTX Executive Ryan Salame Sentenced to 7.5 Years in Prison

May 28, 2024
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“Ryan Salame agreed to advance the pursuits of FTX, Alameda Analysis, and his co-conspirators by an illegal political affect marketing campaign and thru an unlicensed cash transmitting enterprise, which helped FTX develop sooner and bigger by working exterior of the regulation,” U.S. Lawyer Damian Williams stated in a press release. “Salame’s involvement in two severe federal crimes undermined public belief in American elections and the integrity of the monetary system. Right this moment’s sentence underscores the substantial penalties for such offenses.”



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