FTX Executive Ryan Salame Sentenced to 7.5 Years in Prison

Salame, former co-CEO of FTX Digital Markets, convicted of illegal campaign contributions and unlicensed money transmitting.

Ryan Salame, a top executive at the collapsed FTX cryptocurrency exchange, received a 7.5-year prison sentence.
Salame pleaded guilty to making unlawful U.S. campaign contributions and operating an unlicensed money transmitting business.
The sentence exceeds the five to seven years prosecutors recommended.
Salame's cooperation included providing documents that aided in the prosecution of FTX founder Sam Bankman-Fried.
Three other high-level FTX executives await sentencing after cooperating with prosecutors.