TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Ex-FTX Executive Ryan Salame Will Forfeit $1.5B as Part of Guilty Plea

2 pointsby turtlegridsover 1 year ago

2 comments

ggmover 1 year ago
That&#x27;s quite a forfeiture. I guess in the end, titular ownership of a French metric tonne of money didn&#x27;t buy him happiness but handing it over to the state has avoided a lot of pain.<p>I stress titular because the piece suggests he really only pays $6m or so, unless the one billion four hundred and ninety-four million other dollars magically emerges from under a sofa cushion.<p>What would his retained wealth be, once the various porsche and Tony properties are also unwound? Does he actually walk away with anything or is he now back in the saddle working for a living?<p>I&#x27;m also guessing the GOP doesn&#x27;t have to give back the $24m he gave them. And, he&#x27;s telling tales on the others, on the record, as much as the prosecutor wants.
jqpabc123over 1 year ago
The crypto scams shall continue until gullibility improves.