Judge Throws the Book at Bankman-Fried’s Political Henchman

A top lieutenant of crypto-fraud mastermind Sam Bankman-Fried was sentenced Tuesday to seven and a half years in prison—even more than federal prosecutors recommended.

And he has to give up his Porsche, to boot.

Ryan Salame, 30, pleaded guilty to financial crimes in connection with his work for Bankman-Fried’s FTX cryptocurrency exchange and also admitted to helping make political contributions through the use of a straw donor to hide his boss’ connection.

U.S. District Judge Lewis Kaplan—who threw the book at Bankman-Fried and sentenced him to 25 years in the slammer after his conviction—was not in the mood to cut Salame a break.