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Former FTX Executive Ryan Salame Alleges the US Government Broke Its Promises After DOJ Charges His Partner

Former FTX Executive Ryan Salame Alleges the US Government Broke Its Promises After DOJ Charges His Partner

Former FTX executive Ryan Salame says the US government has walked back its promise not to charge his partner Michelle Bond. Salame is the former co-CEO of FTX Digital Markets, the Bahamian subsidiary of the bankrupt crypto exchange. Last year, the former executive pled guilty to conspiracy to make unlawful political contributions and defraud the […]

The post Former FTX Executive Ryan Salame Alleges the US Government Broke Its Promises After DOJ Charges His Partner appeared first on The Daily Hodl.

Authorities Target First Crypto Pump-and-Dump Under New South Korean Law

FTX’s Ryan Salame Seeks to Void Guilty Plea, Citing Government’s Alleged Breach of Plea Agreement

FTX’s Ryan Salame Seeks to Void Guilty Plea, Citing Government’s Alleged Breach of Plea AgreementRyan Salame, a former executive at the now-defunct cryptocurrency exchange FTX, has filed a motion to withdraw his guilty plea in federal court. Salame claims that prosecutors breached an agreement that led him to plead guilty by resuming an investigation into his domestic partner, Michelle Bond. Ryan Salame Challenges Guilty Plea, Claims Government Reneged on […]

Authorities Target First Crypto Pump-and-Dump Under New South Korean Law

Judge grants ex-FTX exec’s request to postpone reporting to prison

Ryan Salame will have an additional 45 days of freedom after his lawyers said there were medical complications due to a dog bite.

A federal judge has granted a motion filed by lawyers representing former FTX Digital Markets co-CEO Ryan Salame to delay reporting to prison until Oct. 13.

In a July 30 filing by the United States District Court for the Southern District of New York, Judge Lewis Kaplan approved a motion allowing Salame to push his self-surrender date by 45 days as part of his sentence to 7.5 years in prison. Salame’s legal team requested the delay due to medical complications from a dog biting the former FTX executive’s face on June 29 while he was visiting a friend’s home.

The July 26 motion by Salame’s legal team redacted medical information related to his injuries but claimed that a German Shepherd “mauled” him, and he would require treatment and surgery before reporting to prison. He was initially going to report to prison on Aug. 29, roughly three months after being sentenced.

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Authorities Target First Crypto Pump-and-Dump Under New South Korean Law

Ex-FTX exec asks for delay reporting to prison after dog attack

Ryan Salame was scheduled to report to prison on Aug. 29 after being sentenced to 90 months for charges related to the misuse of FTX user funds.

Lawyers representing former FTX Digital Markets co-CEO Ryan Salame have requested a 45-day delay before his prison reporting date due to medical complications from a dog biting his face. 

In a July 26 filing in the United States District Court for the Southern District of New York, Salame’s legal team requested his self-surrender date to serve a 7.5-year sentence be moved from Aug. 29 to Oct. 13 “so that he may undergo urgent and necessary medical treatment and surgery.” The former FTX executive pleaded guilty to conspiracy to operate an unlicensed money-transmitting business and engaging in campaign finance fraud.

According to the filing, a German Shepherd “mauled” Salame” on June 29 while he was visiting a friend’s home. Portions of the request were redacted, but they included a physician’s visit on July 3 and recommendations for treatment on July 24 “after sustaining a dog-bite injury to the face.”

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Authorities Target First Crypto Pump-and-Dump Under New South Korean Law

Report: Family at the Center of Sam Bankman-Fried’s Campaign Contributions

Report: Family at the Center of Sam Bankman-Fried’s Campaign ContributionsSam Bankman-Fried’s political donation activities were allegedly a family affair, involving his brother, mother, and father. Bankman-Fried, the founder of FTX, reportedly directed over $100 million in political contributions with his family’s help, according to emails reviewed by the Wall Street Journal (WSJ) and reporter Alexander Osipovich. Wall Street Journal Report Uncovers Bankman-Fried Family’s Alleged […]

Authorities Target First Crypto Pump-and-Dump Under New South Korean Law

Former FTX and Alameda Executive Ryan Salame Handed 90-Month Prison Sentence, Ordered To Pay Over $11,000,000

Former FTX and Alameda Executive Ryan Salame Handed 90-Month Prison Sentence, Ordered To Pay Over ,000,000

A US judge has sentenced Ryan Salame, one of the top executives of the collapsed crypto empire FTX, to 7.5 years in prison. Judge Lewis A. Kaplan issued the sentence on Tuesday following Salame’s guilty plea to conspiracy to make unlawful political contributions and defraud the Federal Election Commission and conspiracy to operate an unlicensed […]

The post Former FTX and Alameda Executive Ryan Salame Handed 90-Month Prison Sentence, Ordered To Pay Over $11,000,000 appeared first on The Daily Hodl.

Authorities Target First Crypto Pump-and-Dump Under New South Korean Law

Why was Ryan Salame given a sentence longer than prosecutors recommended?

U.S. authorities had requested a judge impose a sentence of five to seven years on the former FTX Digital Markets co-CEO, but one ordered Ryan Salame to spend 90 months in prison.

Months after his guilty plea to prosecutors, former FTX Digital Markets co-CEO Ryan Salame learned he would likely be spending more than seven years in federal prison after pleading guilty to two felony charges.

On May 28, Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York considered sentencing recommendations from Salame’s legal team and prosecutors and ordered the former FTX executive to spend 90 months in prison. The judge’s decision reflected more time behind bars than even prosecutors recommended — up to seven years — and was considerably higher than what Salame’s lawyers requested: 18 months.

Taking to X for the first time since November 2022, Salame said the situation was “going to get interesting quickly” without directly referring to his sentencing and suggested he had no plans to flee the United States as “family [was] more important than anything.” A May 14 court filing stated that Salame had a child with his partner, Michelle Bond, in November 2023.

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Authorities Target First Crypto Pump-and-Dump Under New South Korean Law

Former FTX Executive Ryan Salame Sentenced to 7.5 Years for Criminal Charges

Former FTX Executive Ryan Salame Sentenced to 7.5 Years for Criminal ChargesFormer FTX executive Ryan Salame was sentenced to seven and a half years in prison by Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York after pleading guilty to criminal charges, including engaging in an unlawful political influence campaign and operating an unlicensed money transmitting business. Salame, who once […]

Authorities Target First Crypto Pump-and-Dump Under New South Korean Law

Prosecutors Recommend 5-7 Year Sentence for Former FTX Executive Ryan Salame

Prosecutors Recommend 5-7 Year Sentence for Former FTX Executive Ryan SalameProsecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for May 28, 2024. This recommendation contrasts sharply with Salame’s legal team’s plea for a more lenient punishment of no more than 18 months. Clash Over Sentencing: Prosecutors Demand 5-7 Years […]

Authorities Target First Crypto Pump-and-Dump Under New South Korean Law

Former Alameda Research Boss Sam Trabucco Reemerges to Defend Ryan Salame Before Sentencing

Former Alameda Research Boss Sam Trabucco Reemerges to Defend Ryan Salame Before SentencingReports indicate that Sam Trabucco, the former co-CEO of the cryptocurrency trading firm Alameda Research, penned a letter to the judge set to sentence Ryan Salame, co-CEO of FTX Digital Markets. Trabucco’s letter emerged amidst numerous inquiries about his whereabouts throughout the ongoing turmoil. In his message, Trabucco referred to Salame as his “best friend” […]

Authorities Target First Crypto Pump-and-Dump Under New South Korean Law