Comment on Former FTX exec starts prison sentence with LinkedIn post about a 'new position'

Former FTX exec starts prison sentence with LinkedIn post about a 'new position'

Ryan Salame is set to report to prison on Friday.AP Photo/Mary Altaffer)Former FTX executive Ryan Salame is heading to prison on Friday.He took to LinkedIn Wednesday to share his update.A judge ordered Salame to 7.5 years in prison earlier this year for his role in FTX's collapse.Former FTX executive Ryan Salame prepared to start his 7 ½ year prison sentence with one final Very Online post.Salame, 31, who was a member of Sam Bankman-Fried's inner circle, took to LinkedIn with a life update two days before he was set to report to a federal correctional institution in Cumberland, Maryland."I'm happy to share that I'm starting a new position as Inmate at FCI Cumberland," Salame posted on Wednesday.In May, a federal judge sentenced Salame to 7 ½ years in prison on fraud and campaign finance charges related to the collapse of Bankman-Fried's crypto exchange in 2022.Prosecutors accused Salame of conspiring with Bankman-Fried to defraud FTX investors and customers, as well as making hundreds of illegal political campaign donations.Salame was one of four top FTX executives who pleaded guilty after the company went bankrupt.

 

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