Former FTX executive Ryan Salame on Thursday became the fourth associate of company founder Sam Bankman-Fried to plead guilty to criminal charges tied to the collapse of the crypto exchange. At a hearing in a New York federal court, Salame admitted to conspiring to make illegal campaign contributions, as well as conspiring to operate an unlicensed money transmission business. The guilty plea places additional pressure on Bankman-Fried as he prepares to fight fraud charges in a coming trial.
Former FTX Executive Ryan Salame Pleads Guilty in Crypto-Exchange’s Collapse
09/08/2023 04:37
Former FTX executive Ryan Salame on Thursday became the fourth associate of company founder Sam Bankman-Fried to plead guilty to criminal charges tied to the collapse of the crypto exchange. At a hearing in a New York federal court, Salame admitted to conspiring to make illegal campaign contributions, as well as conspiring to operate an unlicensed money transmission business. The guilty plea places additional pressure on Bankman-Fried as he prepares to fight fraud charges in a coming trial.
CoinDesk
Former FTX Executive Ryan Salame to Plead Guilty: Bloomberg; Neowiz To Build Games on Avalanche
"CoinDesk Daily" host Jennifer Sanasie takes a closer look at the hottest crypto stories today, including former FTX executive Ryan Salame's plans to plead guilty to criminal charges, Bloomberg reported. Korean game publisher Neowiz plans to build games on the Avalanche blockchain. The regulatory warning from the IMF and FSB. Activity in the crypto spot market falls. ARK Invest and 21Shares applied for regulatory approval for an ETF that would directly hold ether.
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