Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and a half years, in prison, followed by three years of supervised release.
In September, Salame pleaded guilty to conspiracy to make unlawful political contributions, defraud the Federal Election Commission, and conspiracy to operate an unlicensed money-transmitting business.
Judge Lewis Kaplan sentenced Sam Bankman-Fried to 25 years in prison in March.
Salame spent millions of dollars on real estate and campaign donations during his tenure.
Meanwhile, data from the Federal Election Commission shows that Salame gave more than $24 million to Republican candidates and causes in the 2022 election cycle.
Persons:
Ryan Salame, Sam Bankman, Salame, Judge Lewis Kaplan
Organizations:
FTX Digital Markets, Commission, Alameda Research, FTX's, FTX, New Providence, Federal, Republican
Locations:
New York, Bankman, New, U.S