FBI searched the residence of Ryan Salame, who served as the former co-CEO of collapsed FTX. This comes as the executive comes under more investigation for his close advising position to Sam Bankman-Fried (SBF).
The New York Times reported on April 27 that the FBI searched Salame’s $4 million house in Potomac, Maryland. The former co-CEO of FTX Digital Markets reportedly had a strong working relationship with Sam Bankman-Fried.
Salame was a significant recipient of questionable loans and payments sent to some of the senior executives of FTX using the trading company Alameda Research, which is now defunct.