Former FTX exp Ryan Salame’s sentencing has been moved to May 28.

Sentencing for former FTX co-CEO Ryan Salame is set for May 28, according to the indictment filed in the Southern District of New York. It is unclear why the sentencing was extended from May 1.

Salameh was one of four senior FTX executives indicted by the US government along with Sam Bankman-Fried in connection with the cryptocurrency exchange's collapse. Salameh was the only one of the four — former Alameda Research chief Caroline Ellison, FTX co-founder Gray Wang and former FTX senior engineer Nishad Singh — who did not testify against Bankman-Fried.

All four executives have reportedly reached plea agreements with US Attorneys. Salame is free on $1-million bond.

Like other executives, Salame pleaded guilty to federal charges related to the FTX controversy. Additionally, he was accused of campaign finance violations in his failed bid to represent his girlfriend, Michelle Bond, in the New York First District House of Representatives. Bond lost the Republican nomination.

It is said that both of the charges against Salame could be punished with imprisonment of up to five years. Bankuman-Fried's lawyers argued that he should not be charged with campaign contribution violations because he was not a party to the extradition agreement from the Bahamas. Those charges were added to the conspiracy to commit fraud charges against him.

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Banman-Fried said at his not guilty hearing that he did not discuss his political donations with Salame. All four Bankman-Fried executives have pleaded guilty to the charges.

Salame's role in criminal activities in FTX remains somewhat ambiguous. He said he was no longer part of Bankuman-Fried's inner circle and was so shocked by the news of the exchange's collapse that he became physically ill. However, Bahamian court records later show that he reported the November 2022 transaction to the country's Securities Commission, leading to an investigation.

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