Comment on Former FTX executive Ryan Salame has prison release date moved up by more than a year

Former FTX executive Ryan Salame has prison release date moved up by more than a year

Ryan Salame reported to a Maryland prison in October.AP Photo/Mary Altaffer)Ryan Salame, an ex-FTX executive, appears to have had time shaved off his scheduled release from prison.Salame began his 7 ½ year sentence for his role in a massive crypto fraud scheme in October.Federal prison records show Salame is scheduled to be released in March 2031.Ryan Salame, a former top executive at the failed cryptocurrency exchange FTX, reported to federal prison in October to start his 7 ½ year sentence for his role in Sam Bankman-Fried's multi-billion-dollar fraud scheme.And it appears that Salame — who was in the inner circle of Bankman-Fried, the disgraced crypto tycoon and FTX founder — has already had his prison release date moved up by more than a year.Salame was sentenced in May after he pleaded guilty to criminal charges related to the 2022 collapse of Bankman-Fried's crypto exchange.

 

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