• 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

Jupiter Claims 93.6% Market Share in Solana's DEX Landscape

chest

Jupiter has regained a dominant 93.6% market share in Solana's decentralized exchange aggregator space, surpassing competitors DFlow and Titan.

user avatarTando Nkube

Mike Novogratz Admits Error in Bitcoin Price Prediction for 2025

chest

Galaxy CEO Mike Novogratz admits he was wrong about Bitcoin's price prediction for 2025, expecting it to reach 150k.

user avatarKofi Adjeman

RedotPay Raises $107 Million in Series B Financing.

chest

RedotPay raised $107 million in Series B funding, demonstrating strong investor interest in stablecoin payment platforms.

user avatarNguyen Van Long

Payment Companies Raise $62 Billion in 2025

chest

Payment companies raised $62 billion in 2025, a 1,000% increase from 2024, driven by Circles' IPO and strong investor confidence in blockchain technology.

user avatarJesper Sørensen

Circles' IPO Drives Major Funding in Payment Sector

chest

Circles' IPO raised $10.5 billion, significantly contributing to the overall funding in the payment sector.

user avatarSatoshi Nakamura

Historical Patterns Suggest Potential Federal Policy Shifts Amid GDP Growth

chest

Recent discussions among economic analysts highlight that the potential for US GDP growth to reach 4% aligns closely with historical periods of economic expansion, suggesting possible shifts in Federal Reserve policies.

user avatarRajesh Kumar

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.