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in Politics

Former FTX exec Salame to forfeit $1.5 billion, pleads guilty to two criminal counts

by Editor September 8, 2023, 2:54 am 1.7k Views

Ryan Salame, former co-chief executive officer of FTX Digital Markets Ltd., exits federal court in New York, on Sept. 7, 2023.

Stephanie Keith | Bloomberg | Getty Images

Former FTX executive

pleaded guilty Thursday in New York federal court to campaign finance and money-transmitting crimes, and agreed to forfeit more than $1.5 billion.

Salame, during his plea, admitted that from fall 2021 to November 2022 he steered tens of millions…

Posted by Editor