NEW YORK (AP) — Another top executive at the failed FTX cryptocurrency exchange is scheduled to appear in court in New York Thursday afternoon to face undisclosed criminal charges.
Ryan Salame, the former co-chief executive of FTX Digital Markets, was set to appear before a judge at 3 p.m. at the U.S. district court in Manhattan.
Federal prosecutors didn't immediately disclose what charges Salame is facing or reveal details about the case.
Before FTX collapsed and declared bankruptcy in November, Bankman-Fried had been one of the best-known U.S. crypto entrepreneurs.
Bankman-Fried and people associated with his companies, including Salame, were also heavy givers to political campaigns.
Persons:
Ryan Salame, didn't, Jason Linder, FTX, Sam Bankman, Caroline Ellison, Nishad Singh, Gary Wang, Fried, Larry David, Salame
Organizations:
FTX, Alameda Research
Locations:
New York, U.S, Manhattan, Bahamas, Alameda, Bankman