Former FTX executive Ryan Salame began his 7.5 year prison sentence on October 11, 2024, at FCI Cumberland. Convicted of operating an unregulated money-transmitting business and violating campaign finance laws, Salame tried unsuccessfully to delay his surrender due to medical treatment. Despite the sentence, Salame maintained humor, updating his social profiles to reflect his new status. In a recent interview with Laura Shin, he admitted poor judgment in withdrawing funds during FTX's collapse and expressed plans to study law to better understand his case. Source: Cointelegraph
