{"id":113046,"date":"2024-10-11T20:54:29","date_gmt":"2024-10-11T13:54:29","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=113046"},"modified":"2024-10-11T20:54:29","modified_gmt":"2024-10-11T13:54:29","slug":"ryan-salame-former-top-ftx-executive-has-updated-his-linkedin-profile-his-new-role-prison-inmate","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=113046","title":{"rendered":"Ryan Salame: Former top FTX executive has updated his LinkedIn profile. His new role? Prison inmate"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div data-editable=\"content\" itemprop=\"articleBody\" data-reorderable=\"content\">\n<p>\n    <cite class=\"source__cite\"><br \/>\n      <span class=\"source__location\" data-editable=\"location\"\/><br \/>\n      <span class=\"source__text\" data-editable=\"source\">CNN<\/span><br \/>\n        \u00a0\u2014\u00a0<br \/>\n    <\/cite>\n<\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm24i503h000m9mqk58eghm96@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Updating <a href=\"https:\/\/cnn.com\/2024\/05\/01\/tech\/linkedin-games-launch\/index.html\">LinkedIn<\/a> with a new job role is a rite of passage for many professionals, a chance to let the world know you\u2019ve scrambled up another rung on the career ladder.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm24i5hyz0003356mr9iyvony@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            But former FTX executive <a href=\"https:\/\/cnn.com\/2024\/05\/28\/business\/former-ftx-executive-ryan-salame-sentenced-to-seven-and-a-half-years-in-prison\/index.html\">Ryan Salame<\/a> made an unorthodox <a href=\"https:\/\/www.linkedin.com\/in\/ryansalame\/recent-activity\/all\/\" target=\"_blank\" rel=\"noopener\">update to his profile<\/a> on the site Thursday, as he began a prison sentence following the collapse of the cryptocurrency exchange.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm24i5hyz0004356ml6csh904@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cI\u2019m happy to share that I\u2019m starting a new position as Inmate at FCI Cumberland!\u201d he wrote, alongside a LinkedIn graphic of a cherry falling off a cupcake and people jumping into the air.\n    <\/p>\n<div data-uri=\"cms.cnn.com\/_components\/image\/instances\/cm24ibfy9000k356m0wru3pld@published\" class=\"image image__hide-placeholder\" data-image-variation=\"image\" data-name=\"GettyImages-1666296291.jpg\" data-component-name=\"image\" data-observe-resizes=\"\" data-breakpoints=\"{\" image--eq-extra-small=\"\" data-original-ratio=\"0.6665\" data-original-height=\"1333\" data-original-width=\"2000\" data-url=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/gettyimages-1666296291.jpg?c=original\" data-editable=\"settings\">\n<div class=\"image__container \" data-image-variation=\"image\" data-breakpoints=\"{\" image--eq-extra-small=\"\">\n       <picture class=\"image__picture\"><source height=\"1333\" width=\"2000\" media=\"(min-width: 1280px)\" srcset=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/gettyimages-1666296291.jpg?q=w_1110,c_fill\/f_webp\" type=\"image\/webp\"><source height=\"1333\" width=\"2000\" media=\"(min-width: 960px)\" srcset=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/gettyimages-1666296291.jpg?q=w_1015,c_fill\/f_webp\" type=\"image\/webp\"><source height=\"1333\" width=\"2000\" media=\"(min-width: 480px)\" srcset=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/gettyimages-1666296291.jpg?q=w_1160,c_fill\/f_webp\" type=\"image\/webp\"><source height=\"1333\" width=\"2000\" media=\"(max-width: 479px)\" srcset=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/gettyimages-1666296291.jpg?q=w_680,c_fill\/f_webp\" type=\"image\/webp\"><img decoding=\"async\" src=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/gettyimages-1666296291.jpg?q=w_1110,c_fill\" alt=\"Ryan Salame leaves a Manhattan court after pleading guilty to criminal charges in September 2023.\" class=\"image__dam-img image__dam-img--loading\" onload=\"this.classList.remove('image__dam-img--loading')\" onerror=\"imageLoadError(this)\" height=\"1333\" width=\"2000\" loading=\"lazy\"\/><\/source><\/source><\/source><\/source><\/picture>\n    <\/div>\n<\/div>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm24i5hyz0005356mis4t405s@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            His post quickly went viral, prompting Salame <a href=\"https:\/\/x.com\/rsalame7926\/status\/1844549963725873634\" target=\"_blank\" rel=\"noopener\">to joke on X<\/a>: \u201cToday I learned people still use LinkedIn.\u201d <strong> <\/strong>\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm24i5hyz0006356m8yzsjblq@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Salame, the former co-CEO of FTX\u2019s Bahamian subsidiary and a top lieutenant to the company\u2019s founder, Sam Bankman-Fried, was sentenced to seven and a half years in prison in May, which he will begin serving at FCI Cumberland, a medium-security federal prison in Maryland. <strong> <\/strong>\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm24i5hyz0007356m73slq7kr@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            In September<strong> <\/strong>last year, <a href=\"https:\/\/cnn.com\/2023\/09\/07\/business\/ryan-salame-criminal-charges-ftx\/index.html\">Salame pleaded guilty<\/a> to making tens of millions of dollars\u2019 worth of unlawful campaign donations to causes supported by his boss. He also agreed to forfeit $1.5 billion.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm24i5hyz0009356mdzesphci@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n             In addition to the prison term and the $1.5 billion forfeiture, Salame, 30, was sentenced to three years of supervised release and ordered to pay further amounts of more than $6 million in forfeiture and more than $5 million in restitution<s>.<\/s>\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm24i5hyz0008356m51x34g9i@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Prosecutors said Salame, Bankman-Fried and former FTX engineering chief Nishad Singh used FTX customer funds to donate to political candidates supporting crypto-friendly legislation.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm24ktcnz0000356m3xaouf2s@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Salame gave more than $24 million to Republican candidates and causes in the 2022 election cycle, according to Federal Election Commision data, making him one of that year\u2019s top donors. <strong> <\/strong>\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm24i5hyz000a356mdrpwyyx2@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cSalame\u2019s involvement in two serious federal crimes undermined public trust in American elections and the integrity of the financial system,\u201d Damian Williams, United States Attorney for the Southern District of New York, said after the sentencing, according to Reuters.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm24i5hyz000c356mfc4sejni@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Salame pleaded guilty to one count of conspiracy to make unlawful political contributions and one count of conspiracy to operate an unlicensed money transmitting business.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm24ldqes0002356mxzgqwicn@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            FTX imploded in November 2022, sending shockwaves through the crypto world, after depositors raced to withdraw their cash. Bankman-Fried resigned as CEO and the company filed for bankruptcy.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm24lhete0007356mf2qavmob@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            A year later, Bankman-Fried was\u00a0<a href=\"https:\/\/www.cnn.com\/2023\/11\/02\/business\/ftx-sbf-fraud-trial-verdict\/index.html\">found guilty<\/a>\u00a0on seven counts of fraud and conspiracy, including stealing billions from accounts belonging to FTX customers and defrauding lenders to its sister company, the hedge fund Alameda Research. He was\u00a0<a href=\"https:\/\/www.cnn.com\/2024\/03\/28\/business\/ftx-sam-bankman-fried-sentencing\/index.html\">sentenced<\/a>\u00a0in March to 25 years in prison.\n    <\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cnn.com\/2024\/10\/11\/business\/ryan-salame-ftx-linkedin-profile-prison-intl-scli\/index.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNN \u00a0\u2014\u00a0 Updating LinkedIn with a new job role is a rite of passage for many professionals, a chance to let the world know you\u2019ve scrambled up another rung on &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=113046\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8629],"tags":[],"class_list":["post-113046","post","type-post","status-publish","format-standard","hentry","category-u-s","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/113046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=113046"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/113046\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=113046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=113046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=113046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}