Another former executive of FTX has been jailed over his part in the cryptocurrency giant’s implosion in late 2022.
Ryan Salame, who was the co-CEO of FTX’s Bahamian subsidiary, was sentenced to 90 months in prison, US federal prosecutors said.
Salame – who was a top lieutenant to Sam Bankman-Fried, the bankrupt crypto exchange’s founder – pleaded guilty in September last year to violating political campaign finance laws and operating an illegal money-transmitting business.
Earlier this year ... Read even more
