FBI Raids House of Former Co-CEO of FTX’s Bahamas Subsidiary

FBI Raids House of Former Co-CEO of FTX’s Bahamas Subsidiary

On April 27th, the FBI conducted a raid on Salame’s home in Potomac, Maryland.
Salame joined in 2021 as the chief executive officer of FTX Digital Marketing.
Ryan Salame, the ex-CEO of FTX’s Bahamian subsidiary, allegedly had his house inspected by the FBI. The massive downfall of the once-prominent crypto behemoth has been followed by many months before the raid.
Authorities, prosecutors, and disgruntled investors all say the exchange cheated its clients out of money, and they want the top brass behind it severely punished.
The former CEO of FTX, Sam Bankman-Fried (SBF), was detained in a Bahamian prison for a short period of time before being deported to the United States. He is awaiting trial at the beginning of October and is now staying at his parents’ residence in California with limited outside access.
John Ray III Handling Affairs
On April 27th, the FBI conducted a raid on Salame’s home in Potomac, Maryland. However, the operation’s justification has not been revealed

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