Our recap of this past week's news includes updates from major crypto crime cases, bitcoin miners, and the debate over privacy on Ethereum.
Another former FTX executive pleads guiltyin a New York federal court to charges of conspiracy to make unlawful political contributions and conspiracy to operate an unlicensed money transmitting business. Released on a $1 million bond, Salame admitted to making $10 million in political contributions under the guise of loans. He also agreed to surrender $1.6 billion in assets and forfeit two properties and a Porsche.
Salame is the fourth individual to plead guilty in relation to the crypto exchange FTX's collapse. He, along with co-conspirators, made over 300 illegal political donations, often using straw donors, according to prosecutors. Previously, Salame was investigated for potential campaign finance violations related to his girlfriend Michelle Bond's 2022 congressional race. Despite his guilty plea, SalameMashinsky’s assets ordered frozenfollowing an order from The U.S.
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Fourth FTX Executive Pleads Guilty In FTX Fraud CaseRyan Salame has agreed to pay $11 million in fines after confessing to campaign finance violations.
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Former crypto executive the latest to face charges in collapse of FTX exchangeAnother top executive at the failed FTX cryptocurrency exchange is scheduled to appear in court in New York Thursday afternoon to face undisclosed criminal charges.
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Ex-FTX Executive Ryan Salame Pleads Guilty to U.S. Criminal ChargesProsecutors say Sam Bankman-Fried used Salame as a “straw donor” to secretly funnel millions of dollars to Republican political candidates.
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Ex-FTX executive Salame agrees to plead guilty to US criminal charges, lawyer saysRyan Salame, the former co-CEO of FTX's Bahamian subsidiary and a top lieutenant to the cryptocurrency exchange's founder Sam Bankman-Fried, has agreed to plead guilty to conspiring to make unlawful contributions and defraud the Federal Election commission, Salame said on Thursday.
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