Former FTX Executive Ryan Salame Receives Lengthy Prison Sentence for Involvement in Crypto Crime

In a highly anticipated ruling, former FTX executive Ryan Salame has been sentenced to seven and a half years in prison for his role in the downfall of the now-defunct crypto exchange. Salame's sentence follows the conviction of FTX co-founder and former CEO Sam Bankman-Fried (SBF), who received a staggering 25-year prison sentence for his involvement in misappropriating $8 billion from FTX customers. The ruling, which comes after months of investigation and legal proceedings, highlights the severity of the crimes committed by FTX executives and the impact it has had on the crypto industry.