Ryan Salame, the former co-CEO of FTX Digital Markets, began serving his prison sentence at FCI Cumberland on October 11, 2024. This development comes after his involvement in the FTX scandal, where he was found guilty of conspiracy to make unlawful political contributions, defraud the Federal Election Commission, and operate an unlicensed money transmitting business. Salame was sentenced to seven and a half years in prison, ordered to pay over $6 million in forfeiture, and more than $5 million in restitution.

FCI Cumberland, located in Maryland, is a medium-security federal prison known for housing notable inmates in the past. Salame's entry into prison was marked by a unique and somewhat humorous LinkedIn post where he announced his "new position" as an inmate at FCI Cumberland, showcasing a blend of gallows humor and perhaps an attempt at coping with his new reality. This act reflects his public persona during his transition from a high-flying executive to a convicted felon, highlighting his case's significant public and media attention due to the FTX collapse's broader implications on the cryptocurrency industry and financial regulations.