Former FTX executive Ryan Salame was sentenced to seven and a half years in prison by Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York after pleading guilty to criminal charges, including engaging in an unlawful political influence campaign and operating an unlicensed money transmitting business. Salame, who once co-led FTX Digital Markets alongside former CEO Sam Bankman-Fried, was also ordered to three years of supervised release and to pay $6 million in forfeiture and over $5 million in restitution. U.S. Attorney Damian Williams emphasized that Salame’s actions not only violated the law but also “undermined public trust in American elections and the integrity of the financial system,” highlighting the severe implications of such crimes.
Former FTX Executive Ryan Salame Sentenced to 7.5 Years for Criminal Charges
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