Zhu Su, co-founder of Three Arrows Capital, disclosed on Twitter that FTX Digital Markets co-CEO Ryan Salame has personally cashed out approximately $1 billion through FTX insider trading.
It was previously reported that Ryan Salame will choose to stay, is trying to rescue the remaining assets, and hire a bankruptcy lawyer. It is reported that Salame joined FTX more than a year ago and served as the head of Alameda Research OTC for two years before that.