📰 FTX CEO's prison term reduced!
Ex-FTX Bahamas chief Ryan Salame 🏦 is currently being held at Cumberland County Prison in Maryland, USA. He was previously sentenced to 90 months (7.5 years) in prison.
He pleaded guilty to a number of criminal charges, including money laundering and unlicensed money laundering. As a result, his prison term was reduced by 1 year and he is scheduled to be released in March 2031 📅.
FTX co-founder Sam Bankman-Fried 🎭 was found guilty on all charges and sentenced to 25 years in prison.
Stay tuned! 🍿