Former FTX executive Ryan Salame may be released a year early

2024-12-26 18:49:40

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ChainCatcher news, according to Business Insider, former FTX executive Salame pleaded guilty last September, admitting to participating in a conspiracy involving illegal political donations and unlicensed money transfer operations, and was sentenced to 7 and a half years in prison, starting his sentence in October of this year.

However, according to records from the Federal Bureau of Prisons, Salame's release date is set for March 1, 2031, which is just over a year short of the 7 and a half years.

A spokesperson for the Bureau of Prisons stated that the agency does not comment on the conditions of confinement for any inmate (including release plans), but noted that under the First Step Act of 2018, inmates can earn time off their sentences for good behavior.

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