Judge grants ex-FTX exec’s request to postpone reporting to prison


A federal decide has granted a movement filed by attorneys representing former FTX Digital Markets co-CEO Ryan Salame to delay reporting to jail till Oct. 13.

In a July 30 submitting by the USA District Court docket for the Southern District of New York, Decide Lewis Kaplan authorised a movement permitting Salame to push his self-surrender date by 45 days as part of his sentence to 7.5 years in jail. Salame’s authorized group requested the delay attributable to medical issues from a canine biting the previous FTX govt’s face on June 29 whereas he was visiting a pal’s house.

The July 26 movement by Salame’s authorized group redacted medical data associated to his accidents however claimed {that a} German Shepherd “mauled” him, and he would require remedy and surgical procedure earlier than reporting to jail. He was initially going to report back to jail on Aug. 29, roughly three months after being sentenced.

Supply: SDNY

The previous FTX govt returned to the social media platform X after roughly two years following his Could sentencing listening to. On the day of the alleged canine assault, he advised {that a} surgeon who didn’t maintain his political opinions could be extra prone to deliberately hurt him whereas treating the wound. 

Salame was considered one of 4 former FTX CEO Sam “SBF” Bankman-Fried associates to be indicted within the legal case involving the misuse of buyer funds at FTX and Alameda Analysis. In September 2023, he pleaded responsible to conspiracy to function an unlicensed money-transmitting enterprise and interesting in marketing campaign finance fraud.

Associated: Why was Ryan Salame given a sentence longer than prosecutors recommended?

Decide Kaplan sentenced Bankman-Fried to 25 years in jail in March after he was convicted on seven felony expenses. He has since filed a discover of enchantment.

Different FTX and Alameda associates Nishad Singh, Gary Wang and Caroline Ellison pleaded responsible and cooperated with prosecutors as a part of plea agreements. Singh and Wang are scheduled to be sentenced in October and November, respectively, whereas Ellison’s listening to had not been set on the time of publication.

Journal: ‘Less flashy’ Mashinsky set for less jail time than SBF: Inner City Press, X Hall of Flame