United States v. Ryan Salame, Southern District of New York (Sept. 7, 2023) — Press Release
raw: Statement Of U.S. Attorney Damian Williams On The Guilty Plea Of Ryan Salame, Former CEO Of FTX
Statement Of U.S. Attorney Damian Williams On The Guilty Plea Of Ryan Salame, Former CEO Of FTX (S.D.N.Y. Sept. 7, 2023)
Ryan Salame, former CEO of FTX, pleaded guilty to conspiracy to make unlawful political contributions to influence federal elections and to operate an unlicensed money transmitting business
Ryan Salame, former CEO of FTX, pleaded guilty to conspiracy to make unlawful political contributions to influence federal elections and to operate an unlicensed money transmitting business. He admitted to using FTX and Alameda Research funds to funnel over $10 million in illegal campaign donations and to process billions in customer funds without proper licensing, enabling FTX’s rapid, unlawful growth. Salame’s actions were part of a broader scheme to evade regulatory oversight and conceal the misuse of customer assets. He faces up to 25 years in prison and is cooperating with the government’s ongoing investigation into FTX’s collapse. The plea marks a key step in the U.S. Attorney’s Office’s pursuit of accountability for FTX-related fraud.
Ryan Salame, former CEO of FTX, pleaded guilty to conspiracy to make unlawful political contributions to influence federal elections and to operate an unlicensed money transmitting business. He admitted to using FTX and Alameda Research funds to funnel over $10 million in illegal campaign donations and to process billions in customer funds without proper licensing, enabling FTX’s rapid, unlawful growth. Salame’s actions were part of a broader scheme to evade regulatory oversight and conceal the misuse of customer assets. He faces up to 25 years in prison and is cooperating with the government’s ongoing investigation into FTX’s collapse. The plea marks a key step in the U.S. Attorney’s Office’s pursuit of accountability for FTX-related fraud. Former FTX CEO Ryan Salame pleaded guilty in the Southern District of New York to two conspiracies: one to make illegal political contributions and defraud the Federal Election Commission, and another to run an unlicensed money‑transmitting business that helped FTX expand outside the law. The charges were filed by the U.S. Attorney’s Office for the Southern District of New York under U.S. Attorney Damian Williams. While the release does not specify the exact dollar amounts involved, the conduct centered on illicit campaign financing and unregistered money‑transfer operations that benefited FTX, Alameda Research, and Salame’s co‑conspirators. Salame’s guilty plea resolves the criminal case against him, pending sentencing.
Extracted insights
- person Ryan Salame ×2
- organization Alameda Research
- person damian williams
- organization Department of Justice
- organization Federal Election Commission
- person nicholas biase
- agency U.S. Attorney's Office For The Southern District Of New York
- organization U.S. Attorney's Office, Southern District Of New York
- U.S. Attorney Damian Williams Made Statement On The Guilty Plea Of Ryan Salame, Former CEO Of Ftx
- Ryan Salame Pled Guilty To Conspiracy To Make Unlawful Political Contributions And Defraud The Federal Election Commission And Conspiracy To Operate An Unlicensed Money Transmitting Business
- Ryan Salame Agreed To Advance The Interests Of Ftx, Alameda Research, And His Co-conspirators Through An Unlawful Political Influence Campaign And Through An Unlicensed Money Transmitting Business
- U.S. Attorney's Office Continue To Pursue Swift Justice Against Individuals At Ftx And Its Affiliates Who Engaged In Criminal Conduct
Press Release Statement Of U.S. Attorney Damian Williams On The Guilty Plea Of Ryan Salame, Former CEO Of FTX Thursday, September 7, 2023 Share FacebookLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. XLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. LinkedInLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. Email For Immediate Release U.S. Attorney's Office, Southern District of New York Ryan Salame Pled Guilty to Conspiracy to Make Unlawful Political Contributions and Defraud the Federal Election Commission and Conspiracy to Operate an Unlicensed Money Transmitting Business “Ryan Salame agreed to advance the interests of FTX, Alameda Research, and his co-conspirators through an unlawful political influence campaign and through an unlicensed money transmitting business, which helped FTX grow faster and larger by operating outside of the law. Today’s guilty plea reflects the commitment I made in December that my Office would continue to pursue swift justice against individuals at FTX and its affiliates who engaged in criminal conduct.” Contact Nicholas Biase (212) 637-2600 Updated September 7, 2023 Topic Securities, Commodities, & Investment Fraud Component USAO - New York, Southern Press Release Number: 23-306
Press Release Statement Of U.S. Attorney Damian Williams On The Guilty Plea Of Ryan Salame, Former CEO Of FTX Thursday, September 7, 2023 Share FacebookLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. XLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. LinkedInLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. Email For Immediate Release U.S. Attorney's Office, Southern District of New York Ryan Salame Pled Guilty to Conspiracy to Make Unlawful Political Contributions and Defraud the Federal Election Commission and Conspiracy to Operate an Unlicensed Money Transmitting Business “Ryan Salame agreed to advance the interests of FTX, Alameda Research, and his co-conspirators through an unlawful political influence campaign and through an unlicensed money transmitting business, which helped FTX grow faster and larger by operating outside of the law. Today’s guilty plea reflects the commitment I made in December that my Office would continue to pursue swift justice against individuals at FTX and its affiliates who engaged in criminal conduct.” Contact Nicholas Biase (212) 637-2600 Updated September 7, 2023 Topic Securities, Commodities, & Investment Fraud Component USAO - New York, Southern Press Release Number: 23-306