Last month, Salame accused the government of misbehavior. He sought a New York court to either void his conviction verdict or dismiss any indictment of Bond for campaign money violations.

Previously co-CEO of FTX Digital Markets, Salame admitted in September to conspiring to operate an unregistered money-transmitting company and to make illegal political contributions. His lawyer asked him to postpone his appearance for his seven and a half-year sentence to October 13 so he could have urgent surgery following a dog attack, which was approved. Originally scheduled for August 29.

Later last month, Bond was indicted and accused of financing her race for a U.S. House of Representatives seat in New York in 2022 with “illicitly obtained funds.”

Salame said earlier that plea discussions were used by prosecutors to “threaten” his partner and mother of his eight-month-old kid, adding he entered a guilty plea only on the understanding the government would stop looking into Bond.  On Thursday, prosecutors said they regularly stressed with Salame’s attorneys that his guilty plea would not stop any current Bond probe.

Prosecutors stated in a court document on Thursday, “Salame’s claim that the Government breached the plea agreement is wrong on the facts and the law. Factually, the sequence of events establishes not only that the plea agreement contained neither any promises about the investigation of Bond, but also that the plea agreement was consistent with the parties’ plea discussions: the Government made clear in advance of the plea agreement that it viewed Salame and Bond and the Government’s investigations into each as separate, and that any disposition as to Salame would not conclude the investigation of Bond.” 

Notes gathered by investigators in April 2023 revealed additional specifics of Salame’s claimed misbehavior while at FTX. Prosecutors said Salame “supervised efforts to pay bribes to immigration authorities.” 

Prosecutors claimed Salame neglected to bring forward his allegations prior to his sentence.

“Despite being well aware of the continuous Bond investigation prior to his sentence, Salame did not raise his current claims prior to sentence, when he could have sought relief prior to judgment being entered, nor did he raise them at sentence, including prior to learning what his sentence would be,” the filing states. “And he did not appeal at all, much less claim that the Government broke the plea agreement or that the plea was unknowing and involuntary.”

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A Tuesday sentencing brief from Ryan Salame’s attorneys states that the former FTX executive, who entered a guilty plea to election fraud charges in September, is requesting mercy in the form of an 18-month term.

Ryan Salame oversaw wire deposits and fiat currency exchanges for FTX clients, used Alameda monies to make political contributions, and oversaw charitable endeavors in the Bahamas while working for FTX and Alameda.

Related: Sam Bankman-Fried Blames Others, Insists He’s Not a Criminal

His lawyers contend in documents that Salame played a more operational and less central role in the fraud at the closed companies. They also point to his collaboration with law enforcement, sincere regret, attempts to deal with his drug misuse problems, and the substantial financial and personal losses he has already experienced as a result of the exchange’s demise.

According to his lawyers, he was completely ignorant of the conspiracy between FTX and the four individuals in the Alameda facility to deceive and take money from their clients. ‘Nobody did Ryan Salame steal.’ “He did not lie to customers,” his lawyers stated in a document. “He was duped. He was the first person to report the FTX fraud to Bahamas authorities when he finally understood it.”

His attorneys note in the paper that he gave records to the U.S. Attorney’s Office without a grand jury subpoena and that material he gave to Bahamanian officials started their investigation into FTX.

Ryan Salame’s lawyers further contend that his association with Bankman-Fried and the legacy of FTX mean he will never be able to look for another job without this association acting as a barrier, and that the “incessant media criticism of FTX and all else within Bankman-Fried’s orbit has ensured [he] will be punished for the rest of his life.”

Former Alameda-FTX executives Caroline Ellison and Gary Wang entered guilty pleas and are negotiating plea agreements with US authorities to avoid jail time.

The post FTX Collapse: Ryan Salame Blames Sam Bankman-Fried appeared first on Coin Engineer.