Ex-FTX Chief Ryan Salame Surrenders $5.9M Bahamas Mansion: Impact on Crypto Market & FTX Coin (FTT)

• Former FTX Digital Market co-CEO Ryan Salame is set to forfeit his $5.9 million Bahamas house to settle criminal charges.
• Salame was charged with conspiracy to make unlawful political contributions, defrauding the Federal Election Commission, and conspiracy to operate an unlicensed money-transmitting business.
• FTX Trading Ltd., the parent company of FTX Digital Markets, went bankrupt in November 2022.

Former FTX co-CEO Ryan Salame is to transfer his $5.9 million Bahamas house to settle criminal charges, marking the latest development in the FTX fraud scandal.

Salame’s Plea Agreement and Charges

Ryan Salame, the former co-CEO of FTX Digital Markets, has agreed to forfeit his Bahamas residence to settle criminal charges. Salame was charged with conspiracy to make unlawful political contributions, defrauding the Federal Election Commission, and conspiracy ... Read the full article for FREE at COINOTAG!