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Sam Bankman-Fried’s criminal prosecution for alleged unlawful campaign donations won’t include testimony from former FTX co-CEO Ryan Salame. 
Information from an Aug. 14 <a href="https://storage.courtlistener.com/recap/gov.uscourts.nysd.590940/gov.uscourts.nysd.590940.204.0.pdf" target="_blank" rel="noopener noreferrer nofollow">filing</a> by U.S. federal prosecutors shows that Ryan Salame plans to invoke his Fifth Amendment right. It protects him from self-incrimination if he is subpoenaed as a witness in SBF’s criminal trial. 
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 NEW — FTX executive and GOP megadonor Ryan Salame “has represented that if subpoenaed, he would invoke his Fifth Amendment right against self-incrimination.” That’s according to a motion tonight from federal prosecutors who say that he is as of now “unavailable as a witness.” <a href="https://t.co/w4mbVgl8VY" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/w4mbVgl8VY</a>— Teddy Schleifer (@teddyschleifer) <a href="https://twitter.com/teddyschleifer/status/1691214591211044864?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 14, 2023</a> 
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Former FTX CEO Sam Bankman-Fried faces <a href="https://crypto.news/sam-bankman-fried-to-face-trial-only-on-8-initial-charges/" target="_blank" rel="noopener noreferrer nofollow">eight</a> criminal charges ranging from illegal campaign financing to conspiracy to commit wire fraud and money laundering. He is currently <a href="https://crypto.news/us-doj-wants-former-ftx-boss-sam-bankman-fried-to-be-detained/" rel="noopener noreferrer nofollow">h</a><a href="https://crypto.news/us-doj-wants-former-ftx-boss-sam-bankman-fried-to-be-detained/" target="_blank" rel="noopener noreferrer nofollow">e</a><a href="https://crypto.news/us-doj-wants-former-ftx-boss-sam-bankman-fried-to-be-detained/" rel="noopener noreferrer nofollow">ld</a> at the Brooklyn Metropolitan Detention Center (MDC) after Judge Lewis Kaplan revoked his bail for alleged repeated <a href="https://crypto.news/sam-bankman-fried-to-face-stricter-bail-conditions-amid-many-violations/" target="_blank" rel="noopener noreferrer nofollow">violations</a> of its terms. 
MDC has been home to other high-profile detainees, including pharmaceutical executive Martin Shkreli and Ghislaine Maxwell, an accomplice in the late Jeffrey Epstein’s sex trafficking ring. 
 You might also like: <a href="https://crypto.news/crypto-twitter-doubts-sbfs-ability-to-cope-in-jail/" rel="noopener noreferrer nofollow"> Crypto Twitter doubts SBF’s ability to cope in jail </a> 
Bankman-Fried has entered a not-guilty plea for all charges against him and is due to go on trial in October. If found guilty, the former golden boy of the crypto industry, once worth an eye-watering $26 billion, could face up to 110 years in prison. 
Salame is also facing possible charges, including allegations of illegal campaign financing and involvement in fraud. The former head of FTX Digital Markets is accused of giving more than $24 million to Republican candidates in the last election cycle.&nbsp; 
However, unlike SBF, Salame has not yet been charged with a crime and is reportedly contemplating a <a href="https://www.bloomberg.com/news/articles/2023-08-08/ex-ftx-executive-salame-talking-to-prosecutors-about-plea-deal" target="_blank" rel="noopener noreferrer nofollow">plea deal</a> that could see him avoid jail time. 
Prosecutors claim that Salame reportedly said that Bankman-Fried planned to help vote out anti-crypto legislators by donating heavily to their opponents. 
Salame also reportedly benefitted from substantial loans and payments to top FTX executives through the now-bankrupt Alameda Research crypto trading company. He had his house <a href="https://www.nytimes.com/2023/04/27/technology/ftx-ryan-salame-sam-bankman-fried.html" target="_blank" rel="noopener noreferrer nofollow">searched</a> by the FBI in April 2023, although it remains a mystery what the federal investigators were after. 
 Read more: <a href="https://crypto.news/crypto-twitter-believes-sbf-secretly-backs-bald/" rel="noopener noreferrer nofollow"> Crypto Twitter believes SBF secretly backs BALD </a>

Former FTX exec Salame not willing to testify against SBF

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