Ryan Salame (former CEO of the Bahamian portion of FTX) has submitted his sentencing memo. He's asked for no more than 18 months imprisonment for his charges.
He was charged with conspiracy to operate an unlicensed money transmitting business and conspiracy to make unlawful political contributions and defraud the Federal Election Commission.
He argues that he was not substantially involved in the wrongdoing at FTX and instead lays much of the blame on others (mainly Bankman-Fried and Dan Friedberg).
“Crypto researcher Molly White skewered [Chris Dixon’s Read Write Own] with the delight of Pete Wellsafter downing an Almond Joy cocktail at Guy Fieri’s Flavortown.”
“Dixon tells me that White is ‘a professional anti-crypto person.’ ”
Avraham Eisenberg, the person who was just found guilty of exploiting the Mango Markets crypto project, has now been charged with possession of child sexual abuse material.
this is not altogether surprising, given an august 2023 filing in his market manipulation case that disclosed that the FBI had found CSAM while searching a cell phone of his in relation to his crypto theft
The Binance CEO's sentencing draws near, and prosecutors have been busy chasing down other crypto criminals. Also, lawmakers take another stab at stablecoin regulation.