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The Independent UK
The Independent UK
National
Mike Bedigan

Top FTX executive jailed over connections to collapsed crypto empire

Copyright 2023 The Associated Press. All rights reserved

A top executive at FTX has been jailed over his connections to the collapsed cryptocurrency exchange, making him the first of disgraced founder Sam Bankman-Fried’s inner circle to also face time behind bars.

Ryan Salame, 30, was sentenced to seven-and-a-half years on Tuesday after pleading guilty last year to a campaign finance law violation and a charge of operating an unlicensed money transmitting business.

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