Ryan Salame, former FTX exec, takes the plunge into prison life while giving his LinkedIn a hilariously sardonic twist!
Here’s one for the social media ages: Ryan Salame, the former co-CEO of FTX Digital Markets, has taken a particularly dramatic turn in what some might call a not-so-very-serious career change. As of last week, Salame is officially incarcerated after his involvement in the infamous FTX collapse. Proven right in his choice to keep a sense of humor (or sarcasm), Salame updated his LinkedIn profile to announce his new position—"Inmate at FCI." Who knew prison life could be accompanied by a side of wit?
But not all is well for this former crypto bigwig. Unlike his main man, Sam Bankman-Fried, who has been busy negotiating his plea deals and blinging up his celebrity status, Salame decided to stand firmly alone, opting out of cooperating with prosecutors. Some may say it’s the classic lone wolf move; others might just raise an eyebrow. After all, choosing to go solo in a grunge world full of pleaders feels like trying to skateboard on ice—it could get messy!
Adding more spice to this peculiar tale, Ryan had previously helped fund his girlfriend's failed congressional run in New York, which reportedly included some illegal campaign financing. Now it looks like he’s taking a crash course in politics from behind bars—something tells us he won’t be at the front lines of any debates anytime soon! Meanwhile, the media noticed a curious and timely interaction between Salame's legal woes and a Tucker Carlson video interview that seemingly didn’t help his plea for a postponement of his prison sentence. Talk about bad timing!
In a rather ironic twist, Salame has publicly accused the U.S. government of breaking a plea deal, raising questions about the fairness of his prosecution compared to Bankman-Fried's. In the crypto and finance world, loyalty can often turn into quicksand, especially if your friend has lighter repercussions for similar crimes. Just goes to show that while the crypto revolution was about decentralizing power, it clearly didn’t reach the courtroom!
Interesting fact: FTX was once one of the most valued cryptocurrency exchanges in the world, boasting a profit margin that made the stock market look like a kiddie pool. Now, as a symbol for deception and mismanagement, it's likely to pop up in financial textbooks for years to come. And for Salame's sake, here's hoping his LinkedIn connections bring him a few more laughs while he’s living behind bars!
Fun thing to ponder: How might Salame turn his prison experience into a self-help book? "Marketing in the Big House: A Guide for Future Inmates on LinkedIn" could just be the game changer he needs!
Unlike Sam Bankman-Fried's other deputies, Salame did not cooperate with prosecutors.
Ryan Salame, former co-CEO of FTX Digital Markets, posted a mildly sardonic update on LinkedIn on Thursday, announcing his “new position as Inmate at FCI ...
The ex-FTX executive who helped Michelle Bond, a former NY congress candidate, illegally fund her campaign was ordered to surrender to prison on Friday.
Ryan Salame, a former top executive at collapsed cryptocurrency exchange FTX, made an unorthodox update to his profile on LinkedIn Thursday as he began a ...
The former co-CEO of an FTX subsidiary and Sam Bankman-Fried colleague started his prison sentence this week.
Ryan Salame's latest request for a prison postponement wasn't granted, due in part to a Tucker Carlson video interview posted this week.
Salame compared his case to that of Sam Bankman-Fried, the former FTX CEO, who gave about $60 million to $70 million to Democratic candidates during the 2020 ...