Ex-FTX Executives' Divergent Paths: Gruhn Buys Titanic Artifact, Salame Surrenders Property
FTX Fallout: Gruhn's Titanic Splurge, Salame's Surrender
Ex-FTX heads face opposite realities: One buys a Titanic watch, the other surrenders property.
From FTX to Titanic Relics
Gruhn made headlines with a $1.5 million acquisition of a 14-karat gold pocket watch that survived the Titanic's sinking, intended as a museum display. Despite his links to FTX's controversy, Gruhn avoided litigation through a settlement and launched a new crypto business post-departure.
Salame's Settlements and SOL Token Sales
Ryan Salame faced legal repercussions, surrendering a $5.9 million property for fraud-related restitution after pleading guilty. FTX estate's token sales aim at repayments by late 2024, drawing interest from major firms despite discounted prices.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.