Ryan Salame, a former executive of the defunct crypto exchange FTX, is scheduled to return to court on Thursday. Judge Lewis Kaplan is seeking more information regarding the behind-the-scenes activities that resulted in Salame's criminal plea agreement, which led to a prison sentence of 7.5 years.
Salame's legal team requested last month that Judge Kaplan set aside the defendant's guilty plea to campaign finance and money-transmitting offenses from 2023. They argued that the prosecution was not upholding their side of the agreement, claiming the Manhattan U.S. Attorney's Office informed Salame in April 2023 that they would cease looking into his partner, Michelle Bond, for campaign finance violations if he agreed to the arrangement.
However, Salame later submitted a motion to the court to withdraw the petition to overturn his guilty conviction. In retaliation, prosecutors produced a 32-page document last week dismissing the allegations made in Salame's initial complaint.
Judge Kaplan has made Salame's attendance at the hearing a condition of his bail. In May, the judge imposed a more severe punishment than the five to seven-year term previously recommended by the prosecution.
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