Former FTX chief Sam Bankman-Fried leaves the Federal Courthouse following a bail hearing ahead of his October trial, in New York City on July 26, 2023.
Sam Bankman-Fried.
  • Former FTX executive Ryan Salame pleaded guilty to campaign finance charges on Thursday.
  • The plea further isolates Sam Bankman-Fried, who is scheduled to go to trial in October.
  • Salame was one of FTX's and Bankman-Fried's political fixers.

Former FTX executive Ryan Salame pleaded guilty to fraud and campaign finance charges Thursday afternoon, the latest twist in the saga of the cryptocurrency exchange's collapse.

Salame is the fourth top official in the exchange to plead guilty to charges brought by the US Attorney's office in Manhattan. Sam Bankman-Fried, the company's former CEO and founder, is scheduled to go to trial on fraud and conspiracy charges in October.