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Fourth FTX executive pleads guilty as Bankman-Fried trial approaches

  • Ryan Salame, former FTX co-CEO, pleaded guilty to charges related to FTX's collapse.
  • Salame admitted to making illegal political contributions using customer funds.
  • Sam Bankman-Fried, FTX's founder, will stand trial in October on fraud charges.
  • Three other FTX executives have already pleaded guilty and are cooperating.
  • Bankman-Fried has been accused of misusing billions in customer deposits.
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