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Former FTX Executive Ryan Salame Must Pay Over $6 Million in Forfeiture Taxes and Over $5 Million in Restitution in addition to Prison
2024-05-28 16:16:34
Odaily News According to the U.S. 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 subsidiary of FTX in the Bahamas, 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 forfeiture taxes and more than $5 million in compensation. (justice.gov)