Ryan Salame

Former FTX executive Ryan Salame's request to postpone his prison sentence was denied by the judge, and he will begin serving his sentence today

According to ChainCatcher, as reported by CoinDesk, former FTX executive Ryan Salame was sentenced for violating U.S. election laws after donating millions of dollars during the last congressional election. He attempted to delay his prison sentence at the last minute to treat a dog bite on his face, but was denied. Salame had criticized the charges against him on social media; he was originally supposed to begin serving over seven years in prison on August 29, but he told the court that he was bitten by a large German shepherd, which postponed his sentencing to October 11. Earlier this week, he requested another extension. However, during an interview with Tucker Carlson, there were no obvious signs that he was hindered by his injury—when the court rejected Salame's efforts, U.S. District Judge Lewis Kaplan of the Southern District of New York noted this fact.Salame claimed he needed "urgent and necessary medical and surgical care" and could not report to prison immediately, while prosecutors responded that he appeared to be in good condition. The prosecutors stated that when he appeared in court last month, he showed "no signs of drooling or slurred speech" while answering questions, and then he participated in Carlson's interview, during which Salame "appeared to be physically recovered and showed no signs of injury." The judge pointed out that Salame had already "benefited from an extremely generous delay in his incarceration," and the court expressed skepticism about the "validity" of Salame's claims.

FTX former executive Ryan Salame's partner Michelle Bond denies campaign finance violation allegations

ChainCatcher news, FTX's former co-CEO Ryan Salame's partner Michelle Bond pleaded not guilty to four counts of campaign finance violations in the U.S. District Court for the Southern District of New York. These charges include conspiracy to cause illegal campaign contributions, causing and accepting excessive campaign contributions, causing and accepting illegal corporate contributions, and causing and accepting intermediary contributions.The charges stem from Bond's alleged concealment of funding sources during her 2022 campaign for a Republican seat in the U.S. House of Representatives. It is alleged that Salame arranged for FTX to pay $400,000 to fund her campaign, while Bond is accused of making false statements to the Federal Election Commission (FEC) and congressional committees. Notably, Salame had previously pleaded guilty and was sentenced to 90 months in prison, but after Bond was indicted, he requested the court to withdraw his plea, claiming it was based on a promise from prosecutors not to investigate his partner. Judge Lewis Kaplan stated he would consider whether to withdraw Salame's plea.Currently, Bond remains free on a $1 million bail but is restricted to travel within the continental United States. Judge George Daniels has scheduled a pretrial conference for January 2025. In the criminal cases against FTX and Alameda Research, as of September 18, only Salame and SBF have been sentenced to imprisonment. Sentencing hearings for other implicated executives will take place in the coming months.
ChainCatcher Building the Web3 world with innovators