Former FTX Co-CEO Ryan Salame Sentenced to 7.5 Years, Seeks Surrender Delay

Oct 9, 2024, 04:48 PM

Ryan Salame, former co-CEO of FTX Digital Markets, will begin serving a seven-and-a-half-year (90 months) sentence at a U.S. federal correctional facility on October 11. Salame, who referred to his prison time as 'summer camp,' is the second FTX executive to face imprisonment, following Sam Bankman-Fried's 25-year sentence. Salame has requested a delay in his prison term due to needing continued medical treatment after an injury caused by a dog in June, but the U.S. government opposes this request. He seeks to surrender on December 7.