July 4, 2024
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Crypto

Ex-FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison

  • May 29, 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,

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Crypto

Top FTX executive jailed over connections to failed cryptocurrency empire

  • May 28, 2024

A top executive at FTX, has been jailed over his connections to the collapsed cryptocurrency exchange, making him the first of founder Sam Bankman-Fried’s inner circle to also face time behind bars. Ryan Salame, 30, was sentenced to seven and a half years in prison on Tuesday after pleading guilty last year to a campaign

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