News list for "salami"

Former FTX executive Ryan Salame, who was sentenced to 90 months in prison, hinted at a book

Ryan Salame, a former FTX executive sentenced to 90 months in prison, hinted at a book, with his X account posting after nearly two years of silence and writing: "Hot damn, this is going to get interesting quickly", as if to suggest he was ready to talk about the FTX exchange story. Furthermore, Ryan Salam wrote in a final tweet: "It's really useful to know who your friends are! It's great to grow with them long term. If you can put aside these crazy thoughts, you can really...

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2024-05-30 15:15:04
Former FTX executive Ryan Salame to pay $6 million in taxes and $5 million in restitution

According to the Department of Justice website, U.S. Attorney for the Southern District of New York Damian Williams announced today that Ryan Salame, CEO of FTX Digital Markets Ltd., a Bahamas subsidiary of FTX, was sentenced to 90 months (7.5 years) in prison. In addition to imprisonment, Ryan Salame was sentenced to three years of supervised release and ordered to pay more than $6 million in forfeited taxes and more than $5 million in restitution.

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2024-05-28 16:20:45
Former FTX executive Ryan Salame has been sentenced to 7.5 years in prison

Former FTX executive Ryan Salame was sentenced to 7.5 years in prison.

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2024-05-28 15:56:38
Former FTX executive Ryan Salame requests leniency for 18 months in prison

Lawyers for former FTX executive Ryan Salame, who pleaded guilty last September to conspiracy to commit illegal political contributions and conspiracy to operate an unlicensed money transfer business, asked the court for leniency and sentenced him to 18 months in prison, according to a sentencing memorandum filed on Tuesday. Ryan Salame managed telegraphic transfer deposits and fiat exchange for FTX clients during his time at FTX and Alameda, used Alameda funds for political contributions, and l...

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2024-05-15 05:54:46
Former FTX executive Ryan Salame agrees to give up $5.90 million worth of Bahamian property as compensation

On May 3rd, former FTX Digital Markets co-CEO Ryan Salame agreed to transfer millions of dollars of his property in the Bahamas as part of a plea deal in a criminal case. Salame has agreed to give up his $5.90 million property in the Bahamas, according to a motion filed by FTX Trading Ltd and its affiliated debtors in the U.S. Bankruptcy Court for Delaware on May 1. Salame pleaded guilty in September 2023 to criminal charges, a plea deal that required it to pay 56 million dollars to debtors.

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2024-05-03 03:17:25
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