Former FTX Executive Ryan Salame Seeks Delayed Prison Date After Dog Attack
Ryan Salame seeks to postpone his prison sentence due to a dog attack, needing medical treatment.
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Ryan Salame seeks to postpone his prison sentence due to a dog attack, needing medical treatment.
Ryan Salame, the head of the bankrupt FTX exchange's subsidiary in the Bahamas, was sentenced to 7.5 years in prison on Tuesday evening, becoming the first of SBF's associates to be sentenced. Having reached a plea deal with prosecutors, his hope of a lenient 18-month sentence was officially dashed this month.
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U.S. prosecutors demand a 5-7 year sentence for Ryan Salame, citing his role in FTX's collapse and the embezzlement of $10 billion, contrasting with defense calls for 18 months.
Ryan Salame, ex-co-CEO of FTX, agrees to forfeit a $5.9 million Bahamas property to settle criminal charges, as part of a plea deal.
Former FTX co-CEO Ryan Salame's sentencing rescheduled to May 28, reasons undisclosed. Despite pleading guilty, his role in the exchange's collapse remains unclear amidst ongoing legal proceedings.
Former Rep. Tim Ryan and Club for Growth President David McIntosh, also a former congressman, will chair a new nonpartisan effort aimed at