Ryan Salame leaves Federal court, Thursday, Sept. 7, 2023, in New York. Salame, the former top executive at the failed FTX cryptocurrency exchange pleaded guilty Thursday to making tens of millions of dollars in illegal campaign contributions to U.S. politicians and engaging in a criminal conspiracy to operate an unlicensed money transfer business. (AP Photo/Mary Altaffer)
Ryan Salame, a former executive at the bankrupt cryptocurrency exchange FTX, pleaded guilty to two conspiracy charges in federal court Thursday, becoming the fourth high-ranking associate of FTX founder Sam Bankman-Fried to reach an agreement with prosecutors in the Southern District of New York.
Salame, 30, told U.S. District Judge Lewis Kaplan that he worked with others to make illegal campaign contributions and defraud the Federal Election Commission, along with separately conspiring to operate an unlawful money transmitting business.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
