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AP Business SummaryBrief at 12:13 a m EDT

Former FTX executive Ryan Salame sentenced to 90 months in prison for illegal campaign donations

Ryan Salame, the former co-CEO of FTX's Bahamian company, was sentenced to 90 months in jail on Tuesday by a US federal court. Salame pleaded guilty in September to making tens of millions of dollars in illegal campaign payments to groups supported by his former boss, Sam Bankman-Fried, the operator of the now-defunct cryptocurrency exchange.

First of Bankman-Fried FTX lieutenants gets 7 5 years in prison

First of Bankman-Fried FTX lieutenants gets 7 5 years in prison
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Ryan Salame, a deputy of FTX crypto king Sam Bankman-Fried, jailed

The 30-year-old pleaded guilty last year to offences linked to the cryptocurrency exchange, which collapsed in 2022 and left millions of users frozen out of their accounts.

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