April 22, 2025
Sam Bankman-Fried Crony Cops a Plea, Forfeits His Porsche

Eduardo Munoz/ReutersThere are plenty of legal ways to discreetly funnel millions of dollars into the American political process, but former FTX co-CEO Ryan Salame went another direction. On Thursday, he pleaded guilty to campaign finance violations and to operating an unlicensed money-transmitting business—marking the official downfall of man who traveled by private jet and Porsche.He is the fourth former executive from the crypto exchange to plead guilty.Salame…
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