US attorney Danielle Sassoon testified in an evidentiary hearing involving former FTX CEO Sam Bankman-Fried, revealing that Ryan Salame, ex-co-CEO of FTX Digital Markets, received over seven years in prison after pleading guilty. Michelle Bond, Salame’s girlfriend, faces campaign finance charges following Salame’s plea. Bond’s case could mark the end of criminal charges linked to FTX’s 2022 bankruptcy.

Former FTX figures face legal consequences: Salame began serving a 7.5-year sentence in October 2024, while Caroline Ellison from Alameda Research started a two-year term in November 2024. Other indicted execs, Nishad Singh and Gary Wang, pleaded guilty and served time. Bankman-Fried remains imprisoned, appealing his conviction and sentence.

Bankman-Fried’s legal team is fighting to overturn his conviction, arguing he wasn’t presumed innocent during trial and was restricted from presenting FTX’s solvency info. Speculation suggests he may seek a pardon from President Trump, who recently pardoned former Binance CEO Changpeng Zhao. Bankman-Fried’s case continues to captivate the crypto world.

Read more at cointelegraph.com: Ex-prosecutor Denies Promising Not to Charge FTX Exec’s Partner