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Search results for salame

FTX's Gary Wang avoids prison after cooperating in crypto fraud case
1 month ago

FTX's Gary Wang avoids prison after cooperating in crypto fraud case

Salon  

Gary Wang, co-founder and chief technology officer of FTX, was sentenced to no time in prison on Wednesday, two years after the cryptocurrency firm collapsed and faced accusations of defrauding customers. Wang testified over several days last year at the trial of FTX founder Sam Bankman-Fried, who was convicted of fraud and conspiracy and sentenced to 25 years in prison. …

Fraud Wang Ftx
Former FTX Lieutenant Nishad Singh Gets Probation in Crypto Fraud Case
Top News
1 month, 3 weeks ago

Former FTX Lieutenant Nishad Singh Gets Probation in Crypto Fraud Case

Live Mint  

Former FTX Lieutenant Nishad Singh avoids prison time in the FTX case. Singh, one of the three top executives who turned on Bankman-Fried, pleaded guilty to a six count indictment, including fraud and campaign finance law violations, in the hope of receiving a lighter punishment. Singh spent a lot of time thinking about what he should have done differently and …

Law Crime Financial Fraud Corporate Misconduct New York
Former co-CEO of FTX announced 'new role' as inmate in federal prison on LinkedIn
2 months, 1 week ago

Former co-CEO of FTX announced 'new role' as inmate in federal prison on LinkedIn

Daily Mail  

There are a few too many endorsements on this one. Former FTX executive Ryan Salame shared a tongue-in-cheek update to LinkedIn ahead of his seven-and-a-half year prison sentence, which began on Friday. Salame, who was the former co-CEO of FTX’s Bahamian subsidiary and in company founder Sam Bankman-Fried's inner circle, was sentenced to seven and a half years in prison …

Prison Linkedin Post Sentence Sentenced Federal Prison Ftx
Top FTX executive jailed over connections to collapsed crypto empire
6 months, 3 weeks ago

Top FTX executive jailed over connections to collapsed crypto empire

The Independent  

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Ryan Salame, part of the 'inner circle' at collapsed crypto exchange FTX, sentenced to prison
6 months, 3 weeks ago

Ryan Salame, part of the 'inner circle' at collapsed crypto exchange FTX, sentenced to prison

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A federal judge on Tuesday …

Kaplan Ftx Exchange Salame
Ryan Salame, part of the ‘inner circle’ at collapsed crypto exchange FTX, sentenced to prison
6 months, 3 weeks ago

Ryan Salame, part of the ‘inner circle’ at collapsed crypto exchange FTX, sentenced to prison

Associated Press  

NEW YORK — A federal judge on Tuesday sentenced former FTX executive Ryan Salame to more than seven years in prison, the first of the lieutenants of failed cryptocurrency mogul Sam Bankman-Fried to receive jail time for their roles in the 2022 collapse of the cryptocurrency exchange. While Salame was a high-level executive at FTX, he was not a major …

Kaplan Ftx Crypto Exchange Salame
Former FTX executive Ryan Salame sentenced to 7.5 years in US prison
6 months, 3 weeks ago

Former FTX executive Ryan Salame sentenced to 7.5 years in US prison

Al Jazeera  

Ryan Salame pled guilty to tens of millions of dollars in unlawful campaign donations to boost causes supported by his boss. Ryan Salame, the former co-CEO of FTX’s Bahamian subsidiary and a top lieutenant of the bankrupt cryptocurrency exchange’s founder, Sam Bankman-Fried, has been sentenced to 90 months in prison, United States federal prosecutors have said. Prosecutors say Salame, Bankman-Fried …

Ftx Salame Ryan Salame
31 L.A. sandwiches that are better than ‘the best sandwich in the world’
10 months, 2 weeks ago

31 L.A. sandwiches that are better than ‘the best sandwich in the world’

LA Times  

I’m not going to name the sandwich shop I’m referencing in this article, because I don’t believe in throwing shade that eclipses the sun. Food The new L.A. sandwiches I can’t stop eating Where to find the best new sandwiches in Los Angeles, including a new tiny sandwich shop in Beverly Hills and a cheese counter in Santa Monica. But …

Italian Los Angeles Shop Bread Sandwiches Sandwich Saffy
What is FTX founder Sam Bankman-Fried’s trial about?
1 year, 2 months ago

What is FTX founder Sam Bankman-Fried’s trial about?

Al Jazeera  

Bankman-Fried, who had his bail revoked in August, faces multiple charges of money laundering and fraud. While crypto fans can choose from several exchanges, FTX was promoted as a “safe, responsible crypto asset trading platform”, according to an SEC complaint, with Bankman-Fried “specifically touting FTX’s sophisticated, automated risk measures to protect customer assets” like a “proprietary ‘risk engine’”. Prosecutors, however, …

Research Money Laundering Cryptocurrency Crypto Investors Sec Ray
Former FTX crypto executive pleads guilty to making millions in illegal campaign contributions
1 year, 3 months ago

Former FTX crypto executive pleads guilty to making millions in illegal campaign contributions

Associated Press  

NEW YORK — A former top executive at the failed FTX cryptocurrency exchange pleaded guilty Thursday to making tens of millions of dollars in illegal campaign contributions to U.S. politicians and engaging in a criminal conspiracy to operate an unlicensed money transfer business. Ryan Salame, the former co-chief executive of FTX Digital Markets, is the fourth high-ranking official at the …

Crypto Republican Ftx Illegal Campaign Contributions Salame
Feds expand their quest to claw back crypto-bro cash from big-time politicians
1 year, 3 months ago

Feds expand their quest to claw back crypto-bro cash from big-time politicians

Raw Story  

A government agency best known for hunting down federal fugitives has become wildly successful at capturing another kind of target — money from political campaigns. Raw Story first reported in April that the Department of Justice sent a letter about Bankman-Fried allegedly making fraudulent political donations to members of Congress’ campaign committees. RELATED ARTICLE: Why big-time politicians are surrendering gobs …

Political Campaign Democratic New York Republican Million Federal
The new L.A. sandwiches I can’t stop eating
1 year, 6 months ago

The new L.A. sandwiches I can’t stop eating

LA Times  

The Lorenzo sandwich from Lorenzo California in Beverly Hills features parmigiano sauce along with roasted red peppers, toasted pistachios and mortadella. “I told him, ‘Man, you dressed up so nice.’ I asked what his name was, and he said ‘Lorenzo.’” The family happened to be standing in front of the sandwich shop. The Zola sandwich from Lorenzo California features bresaola, …

Venice Cheese Los Angeles Shop Sarah Santa Monica Florence
Sam Bankman-Fried prosecutors allege plot to shape crypto policy
1 year, 10 months ago

Sam Bankman-Fried prosecutors allege plot to shape crypto policy

LA Times  

FTX co-founder Sam Bankman-Fried arrives at court in New York on Jan. 3. In addition to Bankman-Fried himself, Ryan Salame, former co-chief executive of FTX Digital Markets, and Nishad Singh, FTX’s former director of engineering, were among the largest political donors in the FTX universe. Beginning around March 2022, Bankman-Fried and others began coordinating political contributions made using FTX and …

Political New York Republican Prosecutors Democrat According Million
Ryan Salame: FTX Co-CEO blew the whistle on Sam Bankman-Fried to authorities in the Bahamas
2 years ago

Ryan Salame: FTX Co-CEO blew the whistle on Sam Bankman-Fried to authorities in the Bahamas

Daily Mail  

In the final days of Sam Bankman-Fried's leadership of FTX, his co-CEO blew the whistle to authorities about his financial misdeeds, according to new court documents from the Bahamas. The new documents show that on November 9, Ryan Salame, 29, executive of FTX's operation in the Bahamas, told authorities on the island that firm was using customer money to cover …

Republican Long Million Singh Pac Sam Ryan
Inside Sam Bankman-Fried's $300M Bahamas property empire
2 years ago

Inside Sam Bankman-Fried's $300M Bahamas property empire

Daily Mail  

The spectacular collapse of crypto exchange FTX has left behind a tangled web of Bahamas real estate holdings tied to the company, its founder Sam Bankman-Fried, and others in his inner circle - as it's revealed that they splashed out $256.3 million this year alone. FTX's vast real estate portfolio on New Providence island, home to the Bahamas capital city …

Community Properties Property Company Million Reuters Property Records
Beto O’Rourke returned $1 million check from FTX’s Sam Bankman-Fried
2 years ago

Beto O’Rourke returned $1 million check from FTX’s Sam Bankman-Fried

Raw Story  

Nov. 29, 2022 Beto O’Rourke returned a $1 million donation from embattled cryptocurrency leader Sam Bankman-Fried four days before Election Day, his campaign told The Texas Tribune this week. Unlike other large donations, O’Rourke had not talked with Bankman-Fried prior to the donation, and the large sum took the campaign by surprise, Evans said. On Nov. 2, two days before …

Money Cryptocurrency Campaign Democratic Texas Donation Republican
UN Libya envoy quits weeks before planned election
3 years, 1 month ago

UN Libya envoy quits weeks before planned election

Al Jazeera  

The United Nations Libya mediator Jan Kubis is stepping down, a UN spokesman said on Tuesday, less than a year after he took up the role and a month before planned elections in the country. UN Secretary-General Antonio Guterres accepted Kubis’s resignation “with regret,” spokesman Stephane Dujarric said on Tuesday. Parliamentary and presidential elections on December 24 were demanded by …

Elections Election Libya Dujarric Bays Kubis