Im happy to share that Im starting a new position as Inmate at FCI Cumberland!
Hesaid in a postabove an animated image celebrating his new position.
Salames job history includes time at a bunch of prestigious crypto businesses.
Ryan Salame, former co-chief executive officer of FTX Digital Markets Ltd., arrives at federal court in New York, US, on Thursday, Sept. 12, 2024. Salame, who is due to start serving a 7 1/2-year prison sentence in October, abandoned a bid to withdraw his guilty plea over claims that prosecutors reneged on a deal not to charge his girlfriend in a campaign finance case.© Yuki Iwamura/Bloomberg via Getty Images
Now hes added another job to the list: Inmate, full-time, at FCI Cumberland.
Now most of its executives are in jail.
The goal was to get politicians to pass crypto-friendly legislation.
Image via LinkedIn.
Todays sentence underscores the substantial consequences for such offenses.
Salame is one of the harsher sentences handed down in the wake of the collapse of FTX.
Bankman-Fried was sentenced to25 yearsin prison and ordered to forfeit $11 billion.
Image via LinkedIn.
His on-again-off-again girlfriend and head of Alameda Research, Caroline Ellison, wassentenced to two years.
Well have to watch their LinkedIn profiles to see how well they take it.
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