Reduced Sentences for Former FTX Executives Spark Curiosity in the Crypto Industry
Fri 27 Dec 2024 ▪
3
min read ▪ by
Ryan Salame, former co-CEO of the crypto exchange FTX, had his prison sentence reduced, as did Caroline Ellison. Initially sentenced to 7.5 years in prison in May 2024, Salame was set to be released in April 2032. However, things have changed, and his new release date is now set.
Crypto exchange: Reduction of prison sentence for former FTX executives
Salame pleaded guilty in September 2023 to conspiracy to operate an unlicensed money transmission business and campaign finance fraud. Despite his lawyers’ arguments for a shorter sentence, citing his lack of…
