#BitwiseBitcoinETF FTX Executives Receive Reduced Sentences

Former FTX executives have had their prison sentences reduced due to cooperation with authorities. Ryan Salame's term was shortened by one year, now set to end on March 1, 2031. Gary Wang and Nishad Singh avoided prison time entirely after assisting in the prosecution of FTX founder Sam Bankman-Fried, who received a 25-year sentence.