RE: https://hachyderm.io/users/molly0xfff/statuses/111026094734476784
Interesting. According to the NYT, Salame has pleaded guilty but is not cooperating with the investigation.
https://nytimes.com/2023/09/07/technology/ftx-guilty-plea.html
[EDITED, see downthread] He's agreed to a $1.5 billion (with a 😎 money judgment, though it sounds like he'll only pay $6 million, and forfeit two properties in the Berkshires and a Porsche 911. He will also pay $5.6 million in restitution to FTX debtors.
and will he pay it in bitcoin
Salame wore Bitcoin-print socks to his arraignment.
[EDITED, see downthread] He's agreed to a $1.5 billion (with a 😎 money judgment, though it sounds like he'll only pay $6 million, and forfeit two properties in the Berkshires and a Porsche 911. He will also pay $5.6 million in restitution to FTX debtors.
He's been charged with one count of conspiracy to operate an unlicensed money transmitting business and one count of conspiracy to make unlawful political contributions and defraud the Federal Election Commission.
Salame (pronounced "Salem", not "salami") was mentioned in the prosecutors' motions in limine back in August, which revealed that they had access to some of his personal communications.
Salame (pronounced "Salem", not "salami") was mentioned in the prosecutors' motions in limine back in August, which revealed that they had access to some of his personal communications.
Salame (pronounced "Salem", not "salami") was mentioned in the prosecutors' motions in limine back in August, which revealed that they had access to some of his personal communications.
Former FTX exec Ryan Salame has pleaded guilty to two charges in the ongoing FTX trial. Many had been wondering when an indictment would come out against him, particularly as his donations to Republican political causes had already been alleged to have been straw donations.
Former FTX exec Ryan Salame has pleaded guilty to two charges in the ongoing FTX trial. Many had been wondering when an indictment would come out against him, particularly as his donations to Republican political causes had already been alleged to have been straw donations.