US prosecutors: Former FTX executive Ryan Salame should be sentenced to five to seven years in prison
Former FTX executive Ryan Salame is facing criminal charges and could be sentenced to five to seven years in prison due to the collapse of a cryptocurrency empire worth billions of dollars. In a sentencing memorandum submitted to the Manhattan federal court on Tuesday, federal prosecutors stated that the 30-year-old man admitted to committing "serious crimes that require a heavy sentence to ensure that Salame is justly punished." Salame's lawyer argued that his sentence should not exceed 18 months.
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Indian police recover $3,000 for a crypto investment scam victim
Share link:In this post: The Indian police have recovered about $3,000 on behalf of an investment scam victim. This development makes it the first time that stolen assets are being recovered and refunded to the victim. Indian police warn citizens of criminals posing as investment specialists to steal digital assets.
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