• 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

Bankman-Fried's Legal Team Seeks New Trial Amid Ongoing Appeals

chest

Bankman-Fried's legal team is seeking a new trial, arguing that errors during the original trial warrant reconsideration.

user avatarMaria Fernandez

SHIB Exchange Netflow Reaches New Low, Indicating Bullish Trend

chest

SHIB Exchange netflow has reached a new low, indicating a bullish trend as holders move assets to self-custody.

user avatarMiguel Rodriguez

SHIB Community Burns Millions of Tokens in November

chest

In November 2023, the SHIB community executed 248 burn transactions, permanently removing approximately 163 million SHIB tokens from circulation.

user avatarGustavo Mendoza

Burry Warns of Broader Market Risks

chest

Michael Burry expresses concerns about the stock market, warning of potential downturns due to concentrated capital and inflated valuations.

user avatarRajesh Kumar

Ripple Recognized on Nasdaq Tower for Philanthropic Contributions

chest

Ripple was featured on the Nasdaq Tower to celebrate its induction as a Builder in the Pledge 1 network during Giving Tuesday.

user avatarLuis Flores

Amazon Unveils Revolutionary AI Agents at AWS reInvent 2025

chest

Amazon introduces three groundbreaking AI agents at AWS reInvent 2025, including Kiro, which can autonomously code for days, aiming to transform software development.

user avatarArif Mukhtar

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.