Published 2 months ago • loading... • Updated 2 months ago

FTX executives shave serious time off their sentences

Ftx executives have reduced their prison sentences through negotiated plea deals.
The executives are expected to serve shorter terms than initially anticipated.
The decision resulted from their cooperation in ongoing investigations.
Judges considered the executives' willingness to provide evidence.

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The New York Sun

Musk Says a Pardon for Sam Bankman-Fried ‘Will Fetch a High Price’ as the FTX Founder’s Lieutenants Get Shortened Sentences

Bankman-Fried’s former girlfriend sees her time behind bars reduced, likely for good behavior.

2 months ago·New York, United States

FTX executives reduce the time of their prison sentences

By David Goldman, CNN Ryan Salame and Caroline Ellison, FTX executives convicted of their role in the notorious cryptographic fraud led by former Chief Sam Bankman-Fried, they reduced the time of their long prison sentences. Salame, former senior executive of FTX, the now bankrupt cryptocurrency trading platform, pleaded guilty to criminal fraud charges in September 2023 and was sentenced in May to 7 and a half years in federal prison. He began …

2 months ago

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CNN

+7 Reposted by 7 other sources

FTX executives shave time off their sentences

Ryan Salame and Caroline Ellison, FTX executives convicted for their roles in the notorious crypto fraud led by their former boss Sam Bankman-Fried, have both shaved time off their lengthy prison sentences.

2 months ago·Atlanta, United States

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Quartz

These 2 FTX executives could see early release

Two FTX executives convicted for their roles in the massive cryptocurrency scandal that began with their company’s implosion are slated to be let out of jail ahead of schedule. Read more...

2 months ago·United States

Former FTX executive Ryan Salame has prison release date moved up by more than a year

Ryan Salame reported to a Maryland prison in October.AP Photo/Mary Altaffer)Ryan Salame, an ex-FTX executive, appears to have had time shaved off his scheduled release from prison.Salame began his 7 ½ year sentence for his role in a massive crypto fraud scheme in October.Federal prison records show Salame is scheduled to be released in March 2031.Ryan Salame, a former top executive at the failed cryptocurrency exchange FTX, reported to federal p…

2 months ago·United States

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Bitcoin Ethereum News

FTX’s Ryan Salame and Caroline Ellison Receive Sentence Reductions, Prompting Fresh Scrutiny of Crypto Fraud Cases

The post FTX’s Ryan Salame and Caroline Ellison Receive Sentence Reductions, Prompting Fresh Scrutiny of Crypto Fraud Cases appeared on BitcoinEthereumNews.com. Two former FTX executives, Ryan Salame and Caroline Ellison, have had their prison terms shortened following recent updates from the Federal Bureau of Prisons. The developments come as debate intensifies over the treatment of high-profile figures involved in one of the most significant …

2 months ago

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