Former FTX executive Ryan Salameh received a 7.5-year sentence for campaign finance fraud. Salameh was accused of using clients' funds to make generous donations to politicians to advance FTX's interests without the consent of clients. 😮

He admitted that he had no intention of returning these funds. This exceeds the expectations of the prosecutor's office, which demanded from 5 to 7 years.

The judge may have wanted to send a clear message to other unscrupulous actors in the cryptocurrency space.