Former FTX exec Salame to forfeit $1.5 billion, pleads guilty to two criminal counts
Headline from NBC Los Angeles
Former FTX executive Ryan Salame pleaded guilty Thursday to federal campaign finance and money-transmitting crimes, and agreed to forfeit more than $1.5 billion. This is breaking news. Please check back for updates.
NBC Los Angeles's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Former FTX executive Ryan Salame is planning to plead guilty to criminal charges on Thursday over the collapse of the cryptocurrency exchange, according to people familiar with the case.
Former FTX executive Ryan Salame pleaded guilty Thursday to federal campaign finance and money-transmitting crimes, and agreed to forfeit more than $1.5 billion. This is breaking news. Please check back for updates.
Ryan Salame, a former FTX executive, is set to plead guilty to charges linked to the sweeping fraud case against Sam Bankman-Fried, the founder of the failed cryptocurrency exchange.
Ryan Salame will appear before US District Judge Lewis Kaplan, the same judge overseeing indicted Sam Bankman-Fried’s criminal case over the exchange’s collapse.
Ryan Salame, an unindicted co-conspirator in the criminal case against FTX cryptocurrency founder Sam Bankman-Fried, has pleaded guilty to federal charges.
Ryan Salame, a former top executive of FTX, the now-bankrupt cryptocurrency trading platform, has pleaded guilty to criminal charges in a New York courtroom on Thursday afternoon. He has also agreed to forfeit $1.5 billion.
