FTX’s Ryan Salame asks court for two-month delay in sentencing

Ryan Salame, former co-CEO of FTX Digital Markets, requested a delay in the start of the sentence, citing medical needs.

Salame’s defense team asked the court to postpone the surrender date from October 11 to December 7 to give him time to recover from injuries sustained during a dog attack over the summer.

“On behalf of Ryan Salame, we respectfully request that the Court maintain the deadline for Salame to voluntarily surrender to the Bureau of Prisons (BOP) to begin serving his sentence on Friday, October 11, 2024, through Friday, December 7, 2024. On or about June 29, 2024 “that he may continue to receive ongoing medical treatment as deemed necessary by the treating physician for the recovery of the injuries sustained on that date.”

Ryan Salame’s lawyer wrote

The dog bite reportedly requires ongoing treatment, and the legal team argues that this justifies the postponement.

I got bitten on the face by a dog (my fault, not the dogs) and all I can think is that this surgeon is not a democrat who knows I’m a republican

— Ryan Salame (@rsalame7926) June 29, 2024

Salame’s punishment

Salame was sentenced to seven years and five months in prison for running an unlicensed money transfer business while at FTX and for illegal campaign financing.

This request is part of Salame’s broader legal fight. He was implicated in criminal charges connected to the collapse of FTX. Although Salame did not testify in the high-profile case of FTX founder Sam Bankman-Fried, he was among the key figures involved in the exchange.​

As part of his plea deal earlier this year, Salame agreed to forfeit assets worth nearly $6 million, including a restaurant in Massachusetts.

Leave a Reply

Your email address will not be published. Required fields are marked *