Salame was sentenced to seven and a half years in prison for his white-collar crimes linked to FTX.
Although posted as a joke, his LinkedIn post grabbed the attention of the internet.
A screenshot of a LinkedIn post by Ryan Salame, former co-CEO of FTX
Social media updates about personal and professional lives have become common nowadays, but sometimes, some posts attract attention because they are unhinged. Ryan Salame, the former co-CEO of FTX, made such an absurd post on LinkedIn, updating on his “new position as Inmate at FCI Cumberland.”
Unlike Sam Bankman-Fried, the infamous founder of FTX, Salame is one of four former top FTX managers who pleaded guilty to the criminal charges brought against them by US prosecutors. However, he did not join Caroline Ellison, Nishad Singh, and Gary Wang in testifying against Bankman-Fried.
The nature of his latest LinkedIn post has been highlighted by many as the craziest update on the professional networking platform. Despite the unhinged nature of the post, it is being taken as a joke.
An Associate of Bankman-Fried
Salame became an associate of Bankman-Fried when he joined the Hong Kong offices of Alameda Research as the Head of OTC for APAC in late 2019. After a couple of years, he moved to The Bahamas to become the co-CEO of FTX Digital Markets, according to his LinkedIn profile.
He started his career at Ernst & Young and then moved to Circle, a stablecoin issuer, spending a couple of years at its crypto OTC trading desk.
A screenshot of Ryan Salame's professional roles he added on LinkedIn
While Salame is facing seven and a half years in prison, Ellison, who is also the former girlfriend of Bankman-Fried, was sentenced to two years of imprisonment. Singh and Wang will receive their sentencing later this month.
Meanwhile, Bankman-Fried was imprisoned for 25 years after a high-profile jury trial. Last month, his legal representatives formally appealed his conviction and requested a new trial. The 102-page appeal also accused Judge Lewis Kaplan of being unfairly biased in the previous trial.
Social media updates about personal and professional lives have become common nowadays, but sometimes, some posts attract attention because they are unhinged. Ryan Salame, the former co-CEO of FTX, made such an absurd post on LinkedIn, updating on his “new position as Inmate at FCI Cumberland.”
Unlike Sam Bankman-Fried, the infamous founder of FTX, Salame is one of four former top FTX managers who pleaded guilty to the criminal charges brought against them by US prosecutors. However, he did not join Caroline Ellison, Nishad Singh, and Gary Wang in testifying against Bankman-Fried.
The nature of his latest LinkedIn post has been highlighted by many as the craziest update on the professional networking platform. Despite the unhinged nature of the post, it is being taken as a joke.
An Associate of Bankman-Fried
Salame became an associate of Bankman-Fried when he joined the Hong Kong offices of Alameda Research as the Head of OTC for APAC in late 2019. After a couple of years, he moved to The Bahamas to become the co-CEO of FTX Digital Markets, according to his LinkedIn profile.
He started his career at Ernst & Young and then moved to Circle, a stablecoin issuer, spending a couple of years at its crypto OTC trading desk.
A screenshot of Ryan Salame's professional roles he added on LinkedIn
While Salame is facing seven and a half years in prison, Ellison, who is also the former girlfriend of Bankman-Fried, was sentenced to two years of imprisonment. Singh and Wang will receive their sentencing later this month.
Meanwhile, Bankman-Fried was imprisoned for 25 years after a high-profile jury trial. Last month, his legal representatives formally appealed his conviction and requested a new trial. The 102-page appeal also accused Judge Lewis Kaplan of being unfairly biased in the previous trial.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
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