Learn English: FTX Leader Gives Up Bahamas Mansion (normal)

1 year ago

FTX Leader Gives Up Bahamas Mansion

Ryan Salame, a former leader of the company FTX, is facing legal trouble.

As part of a deal, he's agreed to give up his $5.9 million house in the Bahamas.

He pleaded guilty to breaking the law with political donations and money transfers.

Salame's sentencing is set for May 28, 2024.

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Source

Original: Cointelegraph

Tags

#Bankruptcy #Court #Real Estate #Sam Bankman-Fried #FTX #Regulation

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