Ryan Salame returns to New York court with plea deal in FTX fraud case | Wilnesh News

Former FTX executive Ryan Salame is back in court Thursday as Judge Lewis Kaplan searches for answers about the behind-the-scenes dealings that led to Salame’s criminal plea deal that led to Salame’s arrest Sentenced to 7.5 years in prison.

Last month, lawyers for Sam Bankman-Fried Salame, the former leader of the failed cryptocurrency exchange, asked Kaplan to dismiss the defendant’s 2023 conviction for campaign finance and money transfer crimes. plea, claiming prosecutors did not delay the fulfillment of the agreement.

Salam’s lawyer accuses court filing In an effort to get its client to plead guilty, the U.S. Attorney’s Office in Manhattan told Salaam in April 2023 that they would stop investigating campaign finance violations against his common-law partner, Michelle Bond, if he agreed to the arrangement Behavior.

Bond, a former SEC attorney, was indicted in August on campaign finance charges related to her failed bid for Congress in 2022. Unsealed on the second day of the month’s father).

But Salameh quickly changed his position and within days filed a motion with the court to withdraw the petition to vacate the guilty verdict. Prosecutors fired back last week in a 32-page memo of their own, rejecting claims in Salaam’s original complaint.

Kaplan made Salam’s attendance at the hearing a condition of his bail. The judge in May imposed a harsher sentence than the five to seven years in prison recommended by prosecutors.

Salam was scheduled to be jailed in late October after his surrender was delayed due to a leg injury.

watch: Bankman-Fried sentenced