Former FTX co-CEO Ryan Salame has been sentenced to 7.5 years in prison. This follows his involvement in illegal political donations and operating an unlicensed money-transmitting business.
Salame has forfeited $1.5 billion in assets as part of his conviction. Despite this, he has managed to retain ownership of a Porsche 911 Turbo S.
In a viral LinkedIn post, Salame spoke candidly about starting his new life as an "inmate." He claims that he was misled by former FTX leader Sam Bankman-Fried.
