Andrey Rudakov | Bloomberg via Getty ImagesThursday in New York federal court to campaign finance and money-transmitting crimes. He also agreed to forfeit more than $1.5 billion — which will be paid to the U.S. government — and pay $5 million to debtors of FTX.
Salame admitted that he made political contributions totaling tens of millions of dollars in his own name using money that came from Alameda Research, FTX's hedge fund arm. He said he did so, over the course of about a year, at the behest of then-FTX CEO Sam Bankman-Fried. Salame was released on bond and faces a maximum sentence of 10 years in prison.
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