FTX Subsidiary CEO Requests Prison Sentence Delay After Urgent Dog Bite Surgery

IconCryptoNewsTerminal Staff26 Jul, 2024

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FTX Subsidiary CEO Requests Prison Sentence Delay After Urgent Dog Bite Surgery

Ryan Salame, the former co-CEO of FTX subsidiary FTX Digital Markets, has requested a delay in the start of his prison sentence to undergo urgent surgery. Salame was recently sentenced to seven years and five months in prison following his involvement in the collapse of FTX. In a filing with the New York court, Salame's lawyers stated that he was bitten by a dog while visiting a friend's house and required emergency surgery. The surgery is scheduled for August 29, the same day he was due to report to prison. Salame's lawyers have requested that the start of his prison sentence be delayed to October 13 to allow him to recover from the surgery. The court has not yet ruled on the request. Salame's case highlights the consequences of the FTX collapse, which has resulted in multiple executives facing criminal charges. The collapse has also shaken the cryptocurrency industry and raised concerns about the regulation of digital assets.

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