Former FTX executive Ryan Salame sentenced to seven and a half years in prison | CNN Business

CNN  — 

Ryan Salame, the former co-CEO of FTX’s Bahamian subsidiary and a top lieutenant to the bankrupt cryptocurrency exchange’s founder, Sam Bankman-Fried, was sentenced on Tuesday to 90 months in prison, U.S. federal prosecutors said on Tuesday.

Salame pleaded guilty in September to making tens of millions of dollars in unlawful campaign donations to boost causes supported by his boss.

Bankman-Fried himself was sentenced earlier this year to 25 years in prison for stealing $8 billion from FTX customers. A jury found him guilty in November on seven fraud and conspiracy counts stemming from FTX’s 2022 collapse, which prosecutors

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