Ryan Salame pleaded guilty to conspiracy to make unlawful political contributions and defraud the Federal Election Commission after FTX’s collapse.
Former FTX Digital Markets co-CEO Ryan Salame, who is scheduled to report to a federal correctional institution on Oct. 11 to serve a seven-and-a-half-year sentence, has been making light of his legal situation as the days count down.
Across social media posts since his sentencing hearing on May 28, Salame has hinted that prison will be an “exciting” experience, claiming he would treat his time behind bars as a summer camp. The former FTX executive’s lawyers requested he serve time at the United States Federal Correctional Institution (FCI) Cumberland in Maryland, a medium security facility near Salame’s home.
Other notable former inmates of the federal facility included Jack Abramoff, a DC insider behind one of the biggest lobbying scandals in the United States. He was released in 2010 after serving three and a half years for fraud, tax evasion and conspiracy to bribe public officials.
