Former FTX Executive Ryan Salame Will Plead Guilty to Charges: Bloomberg

Ryan Salame, who was one of Sam Bankman-Fried’s top deputies at FTX, plans to plead guilty to criminal charges on Thursday, Bloomberg reported.

Salame was co-CEO of FTX Digital Markets and allegedly handled crypto exchange FTX’s political donations. He made substantial donations to Republican candidates.

The plea comes a few weeks before Bankman-Fried’s trial begins in New York. Salame will appear at a hearing in Manhattan later Thursday, Bloomberg reported.

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