Former FTX Executive Ryan Salame Sentenced to 7.5 Years in Prison for Misappropriating Millions in Customer Funds to Donate to Both U.S. Political Parties Under SBF's Direction
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.
Cheng Yuan