HomeBusinessFBI searches home of top FTX executive Ryan Salame: report

FBI searches home of top FTX executive Ryan Salame: report

April 29, 2023

The FBI carried out a search on Thursday morning at the Potomac, Md., home of former FTX executive Ryan Salame, the New York Times reported, citing two people with knowledge of the matter said.

The FBI, Salame and his attorney did not immediately respond to Reuters requests for comment.

Days before FTX filed for bankruptcy and Bankman-Fried stepped down as CEO, Salame informed the Securities Commission of the Bahamas that client assets held at FTX Digital Markets may have been transferred to Alameda, according to a court filing Wednesday by the agency.


Ryan Salame
The FBI reportedly raided the Maryland home of former FTX executive Ryan Salame.

The FBI reportedly raided the Maryland home of former FTX executive Ryan Salame.
Ryan Salame, the co-CEO of FTX’s Bahamian subsidiary, worked for Ernst & Young and Circle Internet Financial before joining FTX Digital Markets in 2021.
AP Photo/Marta Lavandier, File

Pictured: Ryan Salame, right, with Sam Bankman-Fried, middle. In the final days of Sam Bankman-Fried's leadership of FTX, his co-CEO blew the whistle to authorities about his financial misdeeds, according to new court documents from the Bahamas.
In the final days of Sam Bankman-Fried’s (middle) leadership of FTX, his co-CEO Salame blew the whistle to authorities about his financial misdeeds, according to new court documents from the Bahamas.
FTX

He was one of the top political donors in the 2022 election cycle donating more than $23 million to Republican campaigns, according to OpenSecrets.

Ryan Salame, the co-CEO of FTX’s Bahamian subsidiary, worked for Ernst & Young and Circle Internet Financial before joining FTX Digital Markets in 2021, according to a profile on the University of Massachusetts Amherst’s website, where he established a scholarship fund.

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