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FTX's Ryan Salame, One of Sam Bankman-Fried's Associates, Is Sentenced to 7½ Years

·1 min

Federal Judge Sentences Former FTX Executive to 7½ Years in Prison

A federal judge has sentenced a former FTX executive, after he pleaded guilty to conspiring to make illegal political contributions and operating an unlicensed money-transmission business. The judge’s decision, harsher than what prosecutors sought, was based on the seriousness of the crimes and the defendant’s attempts to undermine transparency in the 2022 election. The sentence serves as a deterrent for others.