Former FTX exec Ryan Salame returns to court after waffling on guilty plea
Summary
Ryan Salame, the former co-chief executive of FTX Digital Markets, exits the Federal Court after sentencing in New York City, U.S., May 28, 2024. Last month, lawyers for Salame, a former leader at Sam Bankman-Frieds failed cryptocurrency exchange, asked Kaplan to void the defendants 2023 guilty plea to campaign finance and money-transmitting crimes, claiming that prosecutors werent holding up their end of the agreement. Attorneys Office, in an effort to get their client to plead guilty, told Salame in April 2023 that they would stop investigating his domestic partner, Michelle Bond, for campaign finance violations if he agreed to the arrangement. Bond, who was previously a lawyer with the SEC, was indicted in August on campaign finance charges tied to her unsuccessful run for Congress in 2022. The four-count indictment against Bond was unsealed a day after Salame, the father of their nine-month-old child, asked Kaplan to void his plea.