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Former FTX Executive Ryan Salame Will Plead Guilty to Charges: Bloomberg
Ryan Salame was co-CEO of FTX Digital Markets and handled political donations for the crypto exchange.
UPDATE (Sept. 7, 2023, 19:25 UTC): Ex-FTX Digital Markets CEO Ryan Salame pleaded guilty to charges on Thursday afternoon.
Ryan Salame, who was one of Sam Bankman-Fried’s top deputies at FTX, plans to plead guilty to criminal charges on Thursday, Bloomberg reported.
STORY CONTINUES BELOW
Salame was co-CEO of FTX Digital Markets and allegedly handled crypto exchange FTX’s political donations. He made substantial donations to Republican candidates.
The plea comes a few weeks before Bankman-Fried’s trial begins in New York. Salame will appear at a hearing in Manhattan later Thursday, Bloomberg reported.
Nick Baker
Nick Baker was CoinDesk's deputy editor-in-chief. He won a Loeb Award for editing CoinDesk's coverage of FTX's Sam Bankman-Fried, including Ian Allison's scoop that caused SBF's empire to collapse. Before joining in 2022, he worked at Bloomberg News for 16 years as a reporter, editor and manager. Previously, he was a reporter at Dow Jones Newswires, wrote for The Wall Street Journal and earned a journalism degree from Ohio University. He owns more than $1,000 of BTC and SOL.
