The guilty plea comes less than a month before the trial of Sam Bankman-Fried, the FTX founder, is set to begin. Bankman-Fried, who has pleaded not guilty to all of the charges against him, stands accused of orchestrating a multibillion-dollar fraud that ultimately culminated in FTX’s bankruptcy and the loss of funds for its customers.

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• Source: https://www.coindesk.com/policy/2023/09/07/ex-ftx-executive-ryan-salame-pleads-guilty-to-us-criminal-charges/?utm_medium=referral&utm_source=rss&utm_campaign=headlines