• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Former FTX Executive Ryan Salame Fights to Overturn Sentence

user avatar

by Giorgi Kostiuk

a year ago


  1. Effort to Overturn Plea Deal
  2. Questions About Plea Withdrawal Request
  3. Court's Position and Subsequent Actions

  4. Former FTX executive Ryan Salame is seeking to overturn his sentence, claiming that his guilty plea was coerced. The issues raised are sparking considerable discussion in legal circles.

    Effort to Overturn Plea Deal

    Ryan Salame, former high-level executive at FTX, has hired lawyers to fight the plea deal, asserting that prosecutors breached agreements made during the negotiation. He claims his guilty plea was coerced by threats to investigate his partner, Michelle Bond.

    Questions About Plea Withdrawal Request

    Judge Lewis Kaplan of the Southern District of New York described Salame’s plea withdrawal request as 'ambiguous' and 'inconsistent.' He has not ruled out the possibility of sanctions against the former FTX executive. The prosecution denies any agreement not to investigate Bond.

    Court's Position and Subsequent Actions

    Salame's attorneys assert that Manhattan prosecutors assured him in April 2023 that Bond would not face criminal charges as long as he pleaded guilty. However, just two weeks after Salame sought to withdraw his plea, Bond was indicted for campaign finance law violations. The legal battle continues, with both sides vigorously defending their positions.

    The legal disputes surrounding Salame and Bond continue to unfold, drawing attention to the legal intricacies of the case. The fate of both individuals remains uncertain, as public interest in the proceedings grows.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Binance LongShort Ratio Hits 23x, Indicating Growing Long Imbalance

chest

The Binance longshort ratio has reached an unprecedented 23x, indicating a strong preference among traders for long positions, which may lead to increased market volatility.

user avatarBayarjavkhlan Ganbaatar

Berkshire Hathaway Makes Major Move into Tech with Alphabet Investment

chest

Berkshire Hathaway has made a significant $49 billion investment in Alphabet, marking its entry into the tech sector, with shares surging over 55% following the announcement.

user avatarMohamed Farouk

Understanding the Shift from LIBOR to SOFR

chest

The report discusses the significant market transition from LIBOR to SOFR as the new benchmark for floating-rate transactions.

user avatarElias Mukuru

Unlocking Predictability in a Volatile Market

chest

A report outlines strategies for corporate treasurers and investors to hedge against interest rate volatility and secure stable cash flow.

user avatarDiego Alvarez

Exploring Key Swap Strategies for Financial Stability

chest

The report identifies and analyzes four key interest rate swap strategies that help in creating predictable cash flows.

user avatarKenji Takahashi

KAS Price Shows Signs of Stabilization and Potential Reversal

chest

The KAS price is attempting to stabilize above key support levels while facing resistance.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.