Ryan Salame, a former FTX executive has a brand new job title on LinkedIn.
Salame trolling his social media fans on Thursday, after District Judge Lewis A. Kaplan rejected a request for a delay in the beginning of his imprisonment until December.
Salame, the former co-CEO at FTX Digital, reported to prison Friday. But not before he posted on LinkedIn about his new job as an “Inmate” of FCI Cumberland. He even added to his LinkedIn skill set “cleaning” & “whittling”, and he went to X in order to lament his soon to be broken Wordle streak.
Salame’s LinkedIn account has since been removed, but images from his social media updates have circulated on the platform X.
Last year, the former executive plead guilty to conspiring to defraud Federal Election Commission and make illegal political contributions as well as to operating an unlicensed money transfer business.
Kaplan’s sentence of 7.5 years in prison for Salame was handed down by Kaplan on May 1. However, a tiff over Michelle Bond being charged as the mother of Salame’s child delayed the beginning of Salame’s term.
Salame claimed in a court petition filed last August that he had cut a deal and pleaded guilty with the government to stop further investigations into Bond, a former candidate for the Congressional seat.
Few days later, Damian Williams announced that Bond had been charged with campaign finance violations in relation to her failed run for Congress 2022.
Williams stated in an indictment, that Salame organized a sham payment of $400,000 to Bond by FTX. Bond allegedly used this money to finance her campaign.
Salame’s attorneys claimed that the government had used negotiations between the former CEO and Bond to intimidate Bond, causing him to plead guilty. Salame first asked for the dismissal of Bond’s charges, and if this didn’t occur, he requested that his conviction be thrown out.
In a reply, the prosecution called Salame’s accusations “demonstrably untrue”.
Salame’s attorneys later requested that the petition of the former FTX Executive be withdrawn so Bond can raise the matter in Bond’s case. The embattled ex-FTX executive was accused by Judge Kaplan of giving false testimony in his guilty plea to the court back in 2023.
FTX collapsed in 2022 and declared bankruptcy amid allegations that CEO Sam Bankman Fried mismanaged the funds of the exchange by lending billions of dollar’s worth of deposits from customers to Alameda Research.
After the collapse of this exchange, which cost several billion dollars, crypto-prices plummeted. US authorities then arrested Bankman Fried.
Bankman-Fried was sentenced to 25 years imprisonment and three years of supervision in March by Judge Kaplan. The 32-year old was also required to forfeit $11 billion. Bankman-Fried has appealed his conviction and sentencing.
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Sources of Images include Pixabay Creative Commons & Midjourney
As new information becomes available, this post titled ‘Inmate At FCI Cumberland: Former FTX Executive Ryan Salame Updates LinkedIn’s Title After Judge Orders him to Prison’ may change.
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