“Ryan Salame agreed to advance the interests of FTX, Alameda Research, and his co-conspirators through an unlawful political influence campaign and through an unlicensed money transmitting business, which helped FTX grow faster and larger by operating outside of the law,” U.S. Attorney Damian Williams said in a statement. “Salame’s involvement in two serious federal crimes undermined public trust in American elections and the integrity of the financial system. Today’s sentence underscores the substantial consequences for such offenses.”
ABOUT AUTHOR
- AI Tokens Lead Crypto Rebound Amid Strong US Economy
- US Election Betting: Regulated Presidential Markets Are Still Alive, and Small Compared to Polymarkets
- HBO Joins the Search for Satoshi Bitcoin. Previous Efforts Have Not Been Successful.
- Reasons Congress Focuses on Decentralized AI
- Bitcoin ETFs May Increase Bitcoin Prices in Q4
- Crypto Spot ETF Asks Bitwise to Rethink Its Fund List
- Crypto Exchange Coinbase (COIN) to Remove Unauthorized Stablecoins in the EU in December
