{"id":77980,"date":"2023-04-28T09:43:11","date_gmt":"2023-04-28T06:43:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=77980"},"modified":"2025-09-11T02:20:09","modified_gmt":"2025-09-10T23:20:09","slug":"media-reports-raid-at-home-of-former-ftx-executive","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/media-reports-raid-at-home-of-former-ftx-executive\/","title":{"rendered":"Media reports raid at home of former FTX executive."},"content":{"rendered":"<p><span data-descr=\"FBI\" class=\"old_tooltip\">FBI<\/span> agents conducted a raid at the home of Ryan Salame, the former executive director of FTX and the Bahamas-based subsidiary&#8217;s CEO. The <a href=\"https:\/\/www.nytimes.com\/2023\/04\/27\/technology\/ftx-ryan-salame-sam-bankman-fried.html\">The New York Times<\/a> reports, citing sources.<\/p>\n<p>According to them, the residence is in Potomac, Maryland (USA). The official grounds for the investigation were not disclosed. However, sources noted that Salame had been under close law-enforcement scrutiny due to a $24 million donation to support Republicans.<\/p>\n<p>The former head of the Bahamian subsidiary was in SBF&#8217;s inner circle. In particular, this is indicated by <a href=\"https:\/\/forklog.com\/en\/news\/sam-bankman-fried-received-2-2-billion-from-ftx-and-alameda-research\">recently released documents<\/a> \u2014 according to which Salame received $87 million in payments and loans from the cryptocurrency exchange and Alameda Research.<\/p>\n<p>According to court records, he was the first to cooperate with authorities during the <a href=\"https:\/\/forklog.com\/en\/news\/ftx-group-files-for-bankruptcy-sam-bankman-fried-resigns-as-ceo\">FTX collapse<\/a>. In December it was revealed that Salame <a href=\"https:\/\/forklog.com\/en\/news\/bahamas-authorities-learned-of-possible-fraud-by-ftx-in-november\">warned<\/a> the Bahamian Securities Commission of potential fraud two days before filing for bankruptcy.<\/p>\n<p>At the end of 2022, the U.S. Department of Justice charged SBF with eight criminal counts. He <a href=\"https:\/\/forklog.com\/en\/news\/bahamas-authorities-arrest-ftx-founder-sam-bankman-fried\">was arrested in the Bahamas<\/a> and extradited to the United States, where he was released <a href=\"https:\/\/forklog.com\/en\/news\/court-grants-250m-bail-for-sam-bankman-fried\">on bail of $250 million<\/a>.<\/p>\n<p>In February 2023 prosecutors <a href=\"https:\/\/forklog.com\/en\/news\/sam-bankman-fried-charged-with-conspiracy-to-commit-bank-fraud\">increased the number of charges<\/a> against SBF to 12, and in the following month to 13. He <a href=\"https:\/\/forklog.com\/en\/news\/sam-bankman-fried-refuses-to-plead-guilty-trial-set-for-october\">pleaded not guilty<\/a> to all counts, including <a href=\"https:\/\/forklog.com\/en\/news\/reuters-bankman-fried-pleads-not-guilty-to-bribery-of-chinese-official\">bribery of a Chinese official<\/a>.<\/p>\n<p>Earlier, former Alameda Research head Caroline Ellison and FTX co-founder Gary Wang <a href=\"https:\/\/forklog.com\/en\/news\/caroline-ellison-and-gary-wang-plead-guilty-to-ftx-collapse-related-charges\">pleaded guilty to the offenses<\/a> and agreed to cooperate with investigators. Later, following their example <a href=\"https:\/\/forklog.com\/en\/news\/sec-accuses-former-ftx-top-executive-of-deceiving-investors\">the CTO of the collapsed exchange Nishad Singh<\/a> followed suit.<\/p>\n<p>In April, <a href=\"https:\/\/forklog.com\/en\/news\/us-authorities-will-install-a-tracker-on-sam-bankman-frieds-phone\">the court approved strict monitoring<\/a> of SBF&#8217;s and his parents&#8217; phones during house arrest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FBI agents conducted a raid at the home of the former FTX chief executive and the Bahamas-based subsidiary&#8217;s CEO Ryan Salame. The New York Times reports, citing sources.<\/p>\n","protected":false},"author":1,"featured_media":77981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1236,1472,26],"class_list":["post-77980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ftx","tag-search","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=77980"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77980\/revisions"}],"predecessor-version":[{"id":77982,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77980\/revisions\/77982"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/77981"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=77980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=77980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=77980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}