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The Independent UK

National

Jake Offenhartz

Former FTX crypto executive pleads guilty to making millions in illegal campaign contributions

FTX Sam Bankman-Fried Ryan Salame Crypto Caroline Ellison United States

Copyright 2023 The Associated Press. All rights reserved

A 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.

Ryan Salame, the former co-chief executive of FTX Digital Markets, is the fourth high-ranking official at the company or its affiliates to plead guilty to criminal charges.

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