FTX EXEC RYAN SALAME PLEADS GUILTY TO CRIMINAL CHARGES

Summary from the TLDR Crypto newsletter

Former FTX Bahamas subsidiary leader, Ryan Salame, pleaded guilty to unlawful political contributions and running an unlicensed money-transmitting business. Agreeing to surrender over $1.5 billion in assets, his plea intensifies pressure on Sam Bankman-Fried, who is due for a fraud trial. Salame also faces separate investigations for questionable contributions to his girlfriend's political campaign.