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Former FTX Executive Ryan Salame Will Plead Guilty to Charges: Bloomberg

Ryan Salame was co-CEO of FTX Digital Markets and handled political donations for the crypto exchange.

By Nick Baker
AccessTimeIconSep 7, 2023 at 2:20 p.m. UTC
Updated Sep 8, 2023 at 4:36 p.m. UTC
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UPDATE (Sept. 7, 2023, 19:25 UTC): Ex-FTX Digital Markets CEO Ryan Salame pleaded guilty to charges on Thursday afternoon.

Ryan Salame, who was one of Sam Bankman-Fried’s top deputies at FTX, plans to plead guilty to criminal charges on Thursday, Bloomberg reported.

Salame was co-CEO of FTX Digital Markets and allegedly handled crypto exchange FTX’s political donations. He made substantial donations to Republican candidates.

The plea comes a few weeks before Bankman-Fried’s trial begins in New York. Salame will appear at a hearing in Manhattan later Thursday, Bloomberg reported.

Edited by Nikhilesh De.

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Nick Baker
Nick Baker

Nick Baker is CoinDesk’s deputy editor-in-chief and a Loeb Award winner. His crypto holdings are below CoinDesk's $1,000 disclosure threshold.

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