Ex-FTX Executive Ryan Salame Pleads Guilty to U.S. Criminal Charges

What Is a Crypto Exchange Token and How Did It Help Blow up FTX?

The guilty plea comes less than a month before the trial of Sam Bankman-Fried, the FTX founder, is set to begin. Bankman-Fried, who has pleaded not guilty to all of the charges against him, stands accused of orchestrating a multibillion-dollar fraud that ultimately culminated in FTX’s bankruptcy and the loss of funds for its customers.

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