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Prosecutors believe that Ryan Salame, former CEO of FTX Bahamas subsidiary, should be sentenced to 5-7 years in prison

2024-05-28 15:54
Odaily News Ryan Salame, former CEO of FTX Bahamas subsidiary, reached a plea agreement with federal prosecutors in September. It is reported that Ryan Salame admitted to violating campaign finance laws and operating unlicensed money transfers. Prosecutors believe that Ryan Salame, former CEO of FTX Bahamas subsidiary, should be sentenced to 5-7 years in prison. The defense currently advocates a sentence of 18 months or less. (Bloomberg)