Ex-FTX exec Salame won’t testify in alleged illegal campaign donation case

Former FTX enforcement Ryan Salame volition reportedly debar testifying astir his relation successful FTX’s alleged amerciable run donation strategy if helium is subpoenaed successful Sam Bankman-Fried’s transgression trial.

Lawyers representing the erstwhile FTX co-CEO said that Salame volition beryllium unavailable arsenic a witnesser to the case, according to an Aug. 14 question filed by United States national prosecutors.

“Salame’s lawyer has represented that if subpoenaed, Salame would invoke his Fifth Amendment close against self-incrimination,” the prosecutor’s question states, adding that Salame would beryllium “unavailable arsenic a witness.”

From the US government's question successful limine successful the Sam Bankman-Fried transgression trial: "[Ryan] Salame is unavailable arsenic a witness... Salame’s lawyer has represented that if subpoenaed, Salame would invoke his Fifth Amendment close against self-incrimination." pic.twitter.com/NrB5d6PJDH

Salame, a erstwhile co-CEO of FTX Digital Markets with adjacent ties to Sam Bankman-Fried, donated much than $24 cardinal to Republican campaigns, according to Open Secrets.

The erstwhile FTX enforcement is reportedly facing imaginable finance run usurpation allegations of his ain and is considering a plea woody with the national prosecutors.

He was a substantial beneficiary of loans and payments fixed to a fig of the apical executives of FTX by mode of the now-bankrupt firms’ trading location Alameda Research.

Related: Superseding indictment against Sam Bankman-Fried includes utilizing $100M for run contributions

Salame had his location searched by the U.S. Federal Bureau of Investigation successful April. However it remains chartless what precisely they were looking for.

He was considered a adjacent concern spouse of Bankman-Fried, who is presently imprisoned and is facing fraud charges successful his upcoming proceedings successful October.

Cointelegraph reached retired to Salame for remark but has not recieved an contiguous response.

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