Ryan Salame, the former co-CEO of FTX Digital Markets, has requested a 45-day extension on his prison reporting date due to needing medical treatment following a severe dog bite.
On July 26, Salame’s attorneys filed a request with the United States District Court for the Southern District of New York to delay his surrender date from August 29 to October 13, as reported by Cointelegraph.
They cited the necessity for urgent medical procedures after he was bitten in the face by a German Shepherd on June 29 while at a friend’s house.
Salame, who pleaded guilty to conspiracy and campaign finance violations, shared his concerns on social media about the potential bias of his surgeon. Despite his injuries, he remained engaged with the Bitcoin 2024 conference.
Salame is one of the first of Sam Bankman-Fried’s associates to be sentenced. Bankman-Fried received a 25-year sentence in March and is appealing his conviction.
Other former FTX executives, including Gary Wang and Nishad Singh, are set to be sentenced later this year.
A major chapter in crypto’s legal reckoning closed this week as Alex Mashinsky, once a prominent name in digital lending, received a 12-year prison sentence.
Former Celsius CEO Alex Mashinsky is asking for a significantly reduced prison sentence ahead of his May 8 sentencing, with his legal team pushing back hard against the U.S. Department of Justice’s call for a 20-year term.
The legal battle against the creators of Samourai Wallet has taken a sharp turn, as defense attorneys accuse federal prosecutors of suppressing a key legal interpretation from the Treasury Department that could dismantle the core of the government’s case.
A decades-long Bitcoin holder has reportedly lost over $300 million in a devastating crypto theft — one of the largest in recent memory.