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.
BingX, a cryptocurrency exchange, has alerted users to a possible security breach involving its hot wallet, leading to the activation of emergency protocols.
In the next five years, government prosecutors and tax agencies are expected to utilize artificial intelligence to analyze blockchain data for crime detection, according to Chainalysis CEO Michael Gronager.
Germany has shut down 47 cryptocurrency exchanges, accusing them of enabling cybercriminals to launder money by ignoring anti-money laundering regulations.
In the wake of the $230 million hack at Indian crypto exchange WazirX, the attackers have moved another $12 million worth of Ethereum.