• 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

Remittix DeFi Project Gains Traction

chest

The Remittix DeFi project is making significant strides in the cryptocurrency market by developing a payment rail aimed at the multitrillion-dollar cross-border payments sector.

user avatarElias Mukuru

FedWatch Tool Predicts Interest Rate Stability in January 2026

chest

The FedWatch tool indicates a 756% probability of unchanged interest rates and a 244% chance of a rate cut in January 2026, suggesting limited expectations for rate adjustments.

user avatarMohamed Farouk

SPX6900 Gains Traction as a Trending Meme Coin

chest

SPX6900 is gaining attention with its steady growth and community-driven development, becoming a viable option for diversifying crypto portfolios.

user avatarDiego Alvarez

Ukrainian Drone Strike Disrupts Russian Oil Production

chest

Ukrainian drone strike on Filanovsky oil field disrupts Russian oil production, causing significant losses for Kazakhstan.

user avatarKenji Takahashi

Digital Infrastructure Revolutionizing Finance: Insights from Matthew Le Merle

chest

Matthew Le Merle discusses the evolution of digital infrastructure in finance, highlighting the shift from traditional payment systems to digital equivalents.

user avatarMaria Fernandez

3MTT Program Expands to Enhance Training and Employment Opportunities

chest

The 3MTT program is set to expand its reach with additional cohorts and training hubs.

user avatarGustavo Mendoza

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.