• 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

Bitcoin and Altcoins Show High Kimchi Premiums in South Korea

chest

Bitcoin and several altcoins are trading at notable premiums in the South Korean market as of December 8.

user avatarMaria Gutierrez

Strategy Establishes 144 Billion Reserve to Support Dividends Amid Bitcoin Market Challenges

chest

Strategy has created a 144 billion reserve fund to secure dividend payments for up to 21 months, ensuring stability during the Bitcoin market downturn.

user avatarDavid Robinson

CZ Highlights Importance of Hardware Wallet Security at Binance Blockchain Week

chest

CZ emphasizes the importance of hardware wallet security, stating that private keys must never leave the device.

user avatarAndrew Smith

Cathie Wood Anticipates Fed Rate Cuts Amid Economic Weakness

chest

Cathie Wood anticipates imminent interest rate cuts by the Federal Reserve due to ongoing economic weakness, highlighting the housing market's potential for improvement.

user avatarJacob Williams

Cathie Wood Predicts Bitcoin Will Outperform Gold

chest

Cathie Wood predicts Bitcoin will outperform gold in the long term, citing historical data and the impact of inflation on asset values.

user avatarSon Min-ho

Cathie Wood Shares Insights on Inflation and Economic Growth

chest

Cathie Wood shares her insights on inflation and economic growth, emphasizing productivity gains over rate hikes and the impact of technological advancements on costs.

user avatarZainab Kamara

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.