Initially scheduled for May 1, the sentencing of Ryan Salame, former co-chief executive of FTX Digital Markets, has been deferred to May 28, 2024, in front of Judge Lewis Kaplan.
Remember that FTX Digital Market which was a subsidiary of the FTX cryptocurrency exchange was involved in the collapse of FTX. Its former CEO, Sam Bank-Fried was sentenced to almost 25 years in jail.
As of September 2023, Salame conceded to allegations of operating an money transmitting service without the necessary licensing, as well as making illicit political contributions.
What do you think about Salame's sentencing?
Source --> news.bitcoin.com
