Page 2 - Ryan Salame News Today

Robinhoods stock jumps 4% after $1 billion buyback unveiled Shares of Robinhood Markets Inc. rose more than 5% in the extended session Tuesday after the online broker said its board approved a... -May 29, 2024 at 12:15 am EDT - MarketScreener

T-Mobile to buy almost all of U.S Cellular in deal worth $4.4 billion with debt

T-Mobile to buy almost all of U.S Cellular in deal worth $4.4 billion with debt

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.

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.

Another former executive of FTX has been jailed over his part in the cryptocurrency giant's implosion in late 2022.

T-Mobile to buy almost all of U.S Cellular in deal worth $4.4 billion with debt

In a prior case this year, Bankman-Fried received a 25-year sentence for allegedly diverting $8 billion from FTX customers

Ryan Salame, former co-CEO of FTX's Bahamian subsidiary, sentenced to 90 months in prison for political finance violations and operating an illegal money-transmitting business.

Mr. Salame was also ordered to pay more than $6 million in forfeiture and more than $5 million in restitution.