Ryan Salame, Former Co-CEO of FTX Digital, Pleads Guilty to Campaign Finance Violations and Operating an Unlicensed Money-Transmitting Business

Despite admitting his guilt in court, Salame, in a series of recent interviews before beginning his seven-and-a-half-year prison sentence, has asserted his innocence.

Former FTX Digital co-CEO Ryan Salame pleaded guilty to campaign finance violations and operating an unlicensed money-transmitting business in September 2023. Despite admitting his guilt in court, Salame has since claimed his innocence in a series of recent interviews before beginning his seven-and-a-half-year prison sentence.

“I don’t think I did anything criminally wrong,” Salame said from a federal prison in Maryland, leaving many puzzled by his conflicting statements.

Salame also blamed his legal representation for his predicament, stating that his actions were guided by lawyers who assured him of their legality. He reflected on the legal advice he followed, arguing, “Had I not gone to lawyers, I think I would be in a drastically better position.” This dissatisfaction with his legal defense prompted him to hire new attorneys to manage his defense from prison.

In the weeks leading up to his prison sentence, Salame shared his regrets about his time at FTX. From receiving bad legal advice to his inability to confront Bankman-Fried earlier, Salame’s story is one of missed opportunities and mounting regrets. He recalled the personal toll of the FTX collapse, receiving desperate messages from customers who lost their funds in the exchange’s implosion. Salame expressed his desire to clear his name and eventually return to society as a productive member, seeking vindication for his alleged wrongful actions.

The above is the detailed content of Ryan Salame, Former Co-CEO of FTX Digital, Pleads Guilty to Campaign Finance Violations and Operating an Unlicensed Money-Transmitting Business. For more information, please follow other related articles on the PHP Chinese website!