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Convicted FTX executive Ryan Salame is officially in prison custody

Convicted FTX executive Ryan Salame is officially in prison custody

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Source: Coin Telegraph

During a recent appearance on Tucker Carlson’s podcast, Salame claimed federal prosecutors unfairly targeted him for political reasons. 

Convicted, former FTX executive Ryan Salame submitted himself to prison custody on October 11, 2024, at FCI Cumberland, according to Bureau of Prison records viewed by Cointelegraph.

Salame was sentenced to 90 months in prison for his role in the 2022 FTX collapse after pleading guilty to operating an unregulated money-transmitting business and campaign finance charges in 2023.

The former FTX executive attempted to delay his October 11 surrender date until December 7, 2024 — citing ongoing medical treatment for a dog bite — a motion strongly opposed by prosecutors and denied by Judge Lewis Kaplan in an October 10 ruling.

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Author: Vince Quill