Following their pleas shortly after FTX’s large, industry-shaking collapse in late 2022, they testified in opposition to Bankman-Fried at his trial, saying they had been made conscious of wrongdoing on the change shortly earlier than it filed for chapter. One other former FTX govt, Ryan Salame, was not too long ago sentenced to 7.5 years in jail after pleading responsible to marketing campaign finance expenses. Salame didn’t testify in opposition to Bankman-Fried.
