**News Flash: Former FTX Exec Ryan Salame's Sentence Reduced**

Ryan Salame, ex-co-CEO of FTX Digital Markets, has had his prison sentence reduced by a year, now set for release in March 2031. Initially sentenced to 7.5 years for conspiracy and campaign finance fraud, Salame's original release was slated for April 2032.

Salame's legal team argued for a lighter sentence, citing his lack of involvement in FTX's core fraud activities. Despite these efforts, Judge Kaplan imposed a 90-month sentence due to the case's severity. The reasons for the sentence reduction remain unclear. Salame is currently serving time at FCI Cumberland.