Former FTX executive Ryan Salame’s prison sentence reduced by 1 year
Bureau of Prison records indicate that former Alameda Research CEO Caroline Ellison’s sentence was also reduced by three months.
Former FTX Digital Markets co-CEO Ryan Salame’s prison sentence was reduced by one year, with his current release date scheduled for March 2031, Bureau of Prison records show.
Salame pleaded guilty in September 2023 to conspiracy to operate an unlicensed money-transmitting business and engaging in campaign finance fraud.
The former FTX executive was sentenced to 7.5 years in prison on May 28, 2024 — placing Salame’s original release date around April 2032, after which he is subject to three years of supervised release.
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Author: Vince Quill
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