Sam Trabucco, ex-co-CEO of Alameda Research, recently spoke up for fairness towards Ryan Salame, former co-CEO of FTX Digital Markets. Trabucco submitted a letter recommending leniency for Salame’s sentencing.
In the letter, he highlighted their close friendship and expressed concern about the impact that imprisonment could have on Salame’s family. To avoid criminal charges, Salame entered a guilty plea at the fiscal court on 30th September 2023 for the counts of money laundering and campaign financing fraud.
Trabucco, who had left Alameda Research before FTX collapse, mentioned a comment made by Salame, in which he recognized that his actions had an impact on others. He emphasized that Salame was an important figure for the world and his contributions to the crypto space.
Salame’s legal counsel has confirmed that it would like to see his prison sentence capped at 18 months. Next month, Judge Lewis Kaplan of the district court will supervise the sentencing but, on May 28, he will conduct the hearing.
Also read: Former FTX Boss Ryan Salame Set for Conviction on May 28
