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Ryan Salame updates LinkedIn position from CEO to inmate – NBC New York
Tennessee

Ryan Salame updates LinkedIn position from CEO to inmate – NBC New York

A white-collar criminal appears to be laughing about his 7.5-year prison sentence and lets everyone know about it on LinkedIn.

Ryan Salame, who helped expose FTX CEO Sam Bankman-Fried of stealing more than $8 billion in customer funds that were supposed to be kept safe on the cryptocurrency exchange, updated his LinkedIn profile on Thursday to to inform his professional network that he is starting a new one. His prison sentence on fraud and conspiracy charges begins on Friday.

“I am excited to announce that I am starting a new position as an inmate at FCI Cumberland!” Salame’s post reads.

The former co-CEO of FTX’s Bahamian subsidiary, FTX Digital Markets, also added “cleaning and carving” as a skill in his new position.

Last year, Salame pleaded guilty to conspiring to make unlawful political contributions and defraud the Federal Election Commission, as well as conspiring to operate an unlicensed money transfer business. He later tried to void the plea deal, claiming prosecutors had reneged on their promise to drop the criminal investigation against his romantic partner and former New York congressional candidate Michelle Bond.

Bond ran to represent the state’s 1st Congressional District in the 2022 Republican primary and lost to Nicholas LaLota by 5,000 votes. She was charged in August this year with violating campaign finance laws.

“Michelle Bond and her romantic co-conspirator attempted to finance her campaign for the U.S. House of Representatives by illegally using hundreds of thousands of dollars in corporate coffers, among other sources, and then lying to Congress and others to cover it up. said U.S. Attorney Damian Williams.

According to the public prosecutor’s office, the two met in June 2021 and have a small child together.

Williams accused her of arranging “a sham consulting agreement” between Bond and FTX in which the failed crypto exchange paid her $400,000. The money is then said to have been used to illegally finance her election campaign.

Salame was named as a co-conspirator in Bond’s indictment as “CC-1.”

Salame later dropped his attempt to invalidate his guilty plea and was still sentenced to 90 months in prison and ordered to pay more than $6 million in forfeiture and more than $5 million in restitution, CNBC reported.

The judge ordered Salame to surrender to prison by October 11 after officials realized that the previous surrender date, October 13, would fall on a Sunday.

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