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Top lieutenant to 'Crypto King' jailed for seven years
He was one of four former top executives from Sam Bankman-Fried's firms to plead guilty to charges.
Salame - who was a top lieutenant to Sam Bankman-Fried, the bankrupt crypto exchange's founder - pleaded guilty in September last year to violating political campaign finance laws and operating an illegal money-transmitting business. "Salame's involvement in two serious federal crimes undermined public trust in American elections and the integrity of the financial system," Damian Williams, US Attorney for the Southern District of New York said in a statement. FTX was one of the world's largest crypto exchanges before its demise, turning Bankman-Fried into a business celebrity and attracting millions of customers who used the platform to buy and trade cryptocurrency.
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