Ryan Salame Faces Sanctions Over Plea Deal Lies
Ryan Salame Faces Sanctions Over Plea Deal Lies
Ryan Salame Faces Sanctions Over Plea Deal Lies
News summary

Former FTX executive Ryan Salame faces potential sanctions after admitting to lying about his plea deal during a court hearing. Salame, who had initially denied any promises from prosecutors, now claims he was assured they would stop investigating his partner, Michelle Bond, if he pleaded guilty. This revelation has led to significant frustration from US District Judge Lewis Kaplan, who stated that the false testimony undermines the validity of Salame’s conviction and sentence. The case is further complicated by allegations of Salame's involvement in a $150 million bribery scheme with Chinese officials. Bond, a former SEC lawyer, was indicted on campaign finance violations tied to her 2022 congressional campaign. Judge Kaplan has delayed Salame's prison reporting date by two days and will take time to determine the next steps in this complex legal battle.

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Left 67%
Center 33%
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Last Updated
6 days ago
Bias Distribution
67% Left

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