Former FTX Executive Ryan Salame Revisits Court Over Withdrawn Guilty Plea
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Ryan Salame, former co-CEO of FTX Digital Markets, reappeared in U.S. District Court on Thursday, September 12, as Judge Lewis A. Kaplan addressed his previously withdrawn guilty plea.
FTX endgame: Ryan Salame was just grilled by SDNY Judge Kaplan for 40 minutes and said his guilty plea allocution was not true, his previous lawyers told him prosecutors assured they wouldn't indict Bond. Judge says he's "taking under advisement" – story coming pic.twitter.com/EUKGJUA5F5
The court appearance follows the collapse of Salame’s original plea agreement with U.S. authorities, which has reignited scrutiny over his alleged involvement in criminal activities.
In August, Salame’s lawyers filed a motion to void his guilty plea, citing a breach of agreement by U.S. authorities.
Former FTX executive and co-CEO of FTX Markets Ryan Salame has asked U.S. authorities to void his guilt plea after agreements were not met.#RyanSalamehttps://t.co/9gAJH1qRRQ
The former executive had initially pleaded guilty to money-transmitting charges in exchange for halting an investigation into his partner, Michelle Bond.
Bond, a former SEC lawyer, was later indicted on campaign finance violations linked to her unsuccessful run for Congress in 2022.
The four-count indictment against Bond was unsealed just a day after Salame sought to vacate his guilty plea.
However, within days, Salame retracted his request to void the plea, leading Judge Kaplan to question the motivations behind Salame’s actions.
Prosecutors responded by issuing a 32-page memo challenging Salame’s claims
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