The former FTX co-CEO took a plea deal and was originally set for sentencing on May 1.
Sentencing for former FTX co-CEO Ryan Salame has been rescheduled for May 28, according to a filing in Southern New York District Court. It is unclear why his sentencing was postponed from the original date of May 1.
Salame was one of the four members of the FTX top management to be charged by the United States government along with Sam Bankman-Fried in relation to the cryptocurrency exchange’s collapse. Salame was the only one of the four — who also included former Alameda Research head Caroline Ellison, FTX co-founder Gray Wang and former FTX top engineer Nishad Singh — who did not testify against Bankman-Fried.
All of the four executives reportedly made plea deals with U.S. prosecutors. Salame is free on a $1-million bond.
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Source: https://cointelegraph.com/news/sentencing-former-ftx-exec-ryan-salame-moved-may-28