FTX Executive Ryan Salame's Prison Sentence Could Range From 5 to 7 Years

Wednesday, 22 May 2024, 06:30

The US prosecutors are recommending a five to seven-year prison term for former FTX executive Ryan Salame, who pleaded guilty last September. However, Salame is hoping for a more lenient sentence of no more than 18 months. The impending court decision on Salame's sentence could have significant implications for the financial industry, especially in the cryptocurrency market.
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FTX Executive Ryan Salame's Prison Sentence Could Range From 5 to 7 Years

US prosecutors recommend a prison term of 5-7 years for Ryan Salame

Ryan Salame, who pleaded guilty last September, hopes the court will hand out a sentence of no more than 18 months in prison.


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.


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