Former Co-CEO of FTX in Talks for Guilty Plea Deal with US Prosecutors

Former Co-CEO of FTX in Talks for Guilty Plea Deal with US Prosecutors



Ryan Salame, the former co-CEO of FTX Digital Markets, is reportedly engaged in discussions with US federal prosecutors regarding a potential admission of guilt as part of a plea deal. Sources familiar with the situation, as reported by Bloomberg, indicate that Ryan Salame, who had a close association with Sam Bankman-Fried, is currently negotiating the terms of a guilty plea with US prosecutors.



This guilty plea could potentially occur in September 2023, approximately a month prior to Sam Bankman-Fried's scheduled trial. However, there is uncertainty surrounding whether Salame will opt to provide testimony against Sam Bankman-Fried during the latter's trial scheduled for October.



Among the charges leveled against Salame are allegations of violating campaign finance laws. During his tenure at FTX, Salame, a former co-chief,


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