@StryderNotavi@mjfgates@molly0xfff I need to see the affidavit (dunno if that gets released) but I don't think that's the full total of his property. It is, if I am reading the documents correctly, the total of his property that the feds could link to his work for FTX
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@mjfgates@molly0xfff it's the stick if he doesn't pay the rest. Though I'm hoping to get more info on the financials here tomorrow
The real estate forfeitures appear to be one residential property, and his restaurant The Olde Heritage Tavern. (photo via Wikimedia Commons: https://commons.wikimedia.org/wiki/File:The_Olde_Heritage_Tavern,_Lenox.jpg)
Reading further from the original court documents (was working off secondary reporting above), it sounds to me like the $6 million, two properties, car, and ownership/equity in his East Rood Farm Corp. will be the entirety of his payment towards the $1.5 billion money judgment (assuming he cooperates, didn't lie on the affidavit, etc.)
h/t @nikhileshde
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
The real estate forfeitures appear to be one residential property, and his restaurant The Olde Heritage Tavern. (photo via Wikimedia Commons: https://commons.wikimedia.org/wiki/File:The_Olde_Heritage_Tavern,_Lenox.jpg)
@molly0xfff@davidgerard Also, looks like he really only owes $6 mil + the assets, unless he lied on the affidavit or otherwise messes with the DOJ's effort to sell off the rest https://drive.google.com/file/d/1C6OXG0YbH2Entzd7Fj7XmRhozAQ04yKV/view?usp=sharing
@molly0xfff@davidgerard U.S. currency, per this doc the DOJ is sending around. I might have more clarity tomorrow depending on whether I get a question answered https://downloads.coindesk.com/legal/2023.09.07%20Signed%20Marked%20Court%20Exhibit.pdf
"Mr. Salame" laughs in argentinian
RE: https://hachyderm.io/users/molly0xfff/statuses/111026094734476784
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
@davidgerard they'll be lucky if it's bitcoin and not FTT or some other samcoin lol
[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.
@molly0xfff does he have fucking $1.5b
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.
