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Former FTX Executive Ryan Salame Seeks Enforcement Of Plea Deal Over Alleged Broken Government Promises
Thursday, August 22, 2024 - 7:52am | 527Former FTX executive Ryan Salame, who was sentenced to 7.5 years in prison, is now urging the court to enforce a plea agreement that he claims was breached by the government. What Happened: In a new court filing, Salame’s attorneys argue that the plea deal, which was supposed to protect his...
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Former FTX Executive Ryan Salame Sentenced To Over 7 Years In Prison
Tuesday, May 28, 2024 - 2:01pm | 598Ryan Salame, once a prominent figure in the operations of the now-defunct cryptocurrency exchange FTX, has been sentenced to 90 months in prison. What Happened: The sentence will be followed by three years of supervised release, with Salame being ordered to pay over $6 million in forfeiture and...
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Sam Bankman-Fried's Close Aide Becomes First Executive Facing Sentence Following FTX Collapse
Tuesday, May 28, 2024 - 9:08am | 517The first close associate of Sam Bankman-Fried to plead guilty in the aftermath of FTX‘s downfall will be sentenced on Tuesday. What Happened: Ryan Salame, former CEO of FTX's Bahamas subsidiary, struck a plea deal with federal prosecutors in September. This occurred just weeks before Bankman...
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Financial Crime Weekly: Sam Bankman-Fried's Trial To Detail Rise And Fall Of Crypto Mogul
Friday, October 6, 2023 - 3:59pm | 517Few names have been as synonymous with both rapid success and a dramatic decline as Sam Bankman-Fried. His arrest almost 10 months ago marked one of the most shocking moments in the crypto industry’s history. The trial for Bankman-Fried, the founder of FTX, began this week at the U.S....
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Sam Bankman-Fried's High-Profile Crypto Trial Begins: Meet The 12 People Deciding His Fate
Thursday, October 5, 2023 - 3:24pm | 526The trial of Sam Bankman-Fried, founder of defunct cryptocurrency exchange FTX is underway, and a jury of 12 will be deciding his fate. Wednesday’s court proceedings primarily revolved around opening statements, and the first two witnesses’ testimonies, according to TechCrunch. Bankman-...
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Former FTX Official Ryan Salame Gears Up For Criminal Admission In Platform's Downfall
Thursday, September 7, 2023 - 11:16am | 417Ryan Salame, a previous high-ranking official at FTX (CRYPTO: FTT), is reportedly preparing to admit to criminal allegations on Thursday, stemming from the downfall of the crypto trading platform. Salame, once a joint head of FTX Digital Markets, is set to make his court appearance in Manhattan...