According to Techub News, according to Cointelegraph, former FTX Digital Markets co-CEO Ryan Salame will report to a federal correctional institution on October 11 to serve a sentence of 7 and a half years. Salame admitted in September last year to conspiring to make illegal political donations and defrauding the Federal Election Commission.
In September, a judge sentenced former Alameda Research CEO Caroline Ellison to two years in prison. Other executives named in the same indictment, Nishad Singh and Gary Wang, are scheduled to be sentenced on Oct. 30 and Nov. 20, respectively.