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Supporting Alameda, Co-Former CEO Speaks in Favour of Ryan Salame’s Fair Sanctions

16d ago
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Sam Trabucco, the ex-co-CEO of Alameda Research, wrote a three-page character reference for Ryan Salame, the ex-CEO of FTX Digital Markets, on his account. Only the one printed on May 6, out of the 28 references accumulated by Salami, exceeds the length of Trabucco’s statement. He recognizes Salaam’s criminal actions but stresses the importance of the exactness of the retribution given.

Salame Admits Guilt in FTX Scandal

Going straight to the heart, Trabucco confides that his best friend, Salame, is a rascal. He highlights that Salame has confessed before himself and is ready to face the consequences. “Here it is, just in case you didn’t know, Ryan is my best friend,” she wrote. Besides committing wrongs, he has come clean about that, and he’s prepared to accept the verdict. I want the imposition of the consequences to be fair — neither too soft nor too harsh, but reasonable at least.

Read Also: Millennium Management’s $2 Billion Stake Crowns It Largest Holder of Major Bitcoin ETFs

Salame was found guilty on both counts and pleaded guilty to conspiracy to make an unlawful political contribution and conspiracy to operate an unlicensed money-transmitting business. He is asking for a prison sentence of at most 18 months, and his trial date is May 28.

Ryan Salame’s Virtues and Crimes Examined by Trabucco

Not only did Trabucco’s letter bring to light his long-lasting friendship with Salame, but it also emphasized the fact that their togetherness was a surprise yet a tremendous joy. It sounds ridiculous that we’re this close friends just by looking at the pieces of paper. “He is more social; I am more into board games. She is adorably feminine, while I am a bookworm and an awkward loner,” Trabucco said. Nevertheless, Salame’s close friendship follows even though she can look beyond superficial traits. The image of Salam is reinforced by his role at Almeda, which reflected his knowledge of cryptocurrency as well as his friendly personality.

In conclusion, Trabucco suggests a balanced judgment of Salame, through which the hero’s crimes will be eventually compensated by his many virtues. “Ryan will have the just punishment for his deed because it is logical that he should. What I request is for the punishment to be fair – for him, but also for the world that will be in great trouble if he is not entirely with us,” Trabucco explained. The fact that Trabucco’s call for fair treatment shows the unwavering interplay of personal relations and legal responsibility in the ongoing crypto story.

Read Also: Fed Official Kashkari Doubts Bitcoin’s Role as Stable Currency Alternative

The post Supporting Alameda, Co-Former CEO Speaks in Favour of Ryan Salame’s Fair Sanctions appeared first on 36Crypto.

16d ago
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