According to Business Insider, the prison sentence of former FTX executive Ryan Salame has been reduced, with his new release date set for March 2031, shortening his original 7.5-year sentence by about one year. Salame began serving his sentence in October of this year after pleading guilty to charges related to the billions of dollars fraud case involving SBF. He was sentenced for conspiracy related to illegal campaign contributions and unlicensed money transmission. It is reported that Salame's sentence adjustment is related to the First Step Act of 2018, which allows compliant inmates to earn up to 54 days off their sentence per year.

According to Business Insider, the prison sentence of former FTX executive Ryan Salame has been reduced, with his latest release date moved up to March 2031, shortening his original 7.5-year sentence by about one year. Salame began serving his sentence in October of this year after pleading guilty to charges related to SBF's multi-billion dollar fraud case. He was sentenced for conspiracy related to illegal campaign contributions and unlicensed money transmission. It is reported that Salame's sentence adjustment is related to the 2018 First Step Act, which allows compliant inmates to reduce their sentences by a maximum of 54 days per year.

The prison sentence of former FTX executive Ryan Salame has been reduced.