Ryan Salame, part of the ‘inner circle’ at collapsed crypto exchange FTX, sentenced to prison [Video]

Ryan Salame, 30, who was a high-ranking executive at FTX for most of the exchange’s existence, leaves Federal Court, in New York, Tuesday, May 28, 2024. Salami, the co-CEO of FTX Digital Markets, pleaded guilty to illegally making unlawful U.S. campaign contributions and to operating a unlicensed money transmitting business last year, was sentenced to 7.5-years in prison, plus 3 years of supervised release. (AP Photo/Lawrence Neumeister) (Lawrence Neumeister, Copyright 2024 The Associated Press. All rights reserved.)

NEW YORK – A federal judge on Tuesday sentenced former FTX executive Ryan Salame to more than seven years in prison, the first of the lieutenants of failed cryptocurrency mogul Sam Bankman-Fried to receive jail time for their roles in the 2022 collapse of the cryptocurrency exchange.

Salame, 30, was a high-ranking executive at FTX for most of the exchange’s existence and, up until its collapse, was the co-CEO of FTX Digital Markets. He pleaded guilty last year to illegally making unlawful …

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