Ryan Salame has pleaded guilty to conspiracy charges to make unlawful political campaign contributions and conspiracy to operate an unlicensed money-transmitting business.
The U.S. prosecutors filed another superseding indictment accusing SBF of stealing “billions of dollars” from FTX customers while Salame invoked his Fifth Amendment right.
As Sam Bankman-Fried strives to talk his way out of prison ahead of the October trial, his attempts may be hindered by Ryan Salame, whose efforts are now centered on saving face.
Though he played a central role in the company’s affairs, Ryan Salame has escaped the worst of the negative press directed at founder Sam Bankman-Fried and Alameda CEO Caroline Ellison.
