Former FTX Exec Sentenced to 7.5 Years in Prison

News May 28, 2024 at 03:06 PM
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What You Need To Know

  • Ryan Salame is the first of of Sam Bankman-Fried's close associates to be sentenced on criminal charges.
  • Salame did not sign up as a cooperating witness, though his lawyers pointed to him being the first to tell Bahamian authorities about potential fraud at the exchange as it was collapsing.
  • He also handed over more than 595,000 pages of documents to authorities investigating Bankman-Fried.
Ryan Salame exits federal court in New York, on Sept. 7

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