Salame was sentenced to seven and a half years in prison for his white-collar crimes linked to FTX.
Although posted as a joke, his LinkedIn post grabbed the attention of the internet.
A screenshot of a LinkedIn post by Ryan Salame, former co-CEO of FTX
Social media updates about personal and professional lives have become common nowadays, but sometimes, some posts attract attention because they are unhinged. Ryan Salame, the former co-CEO of FTX, made such an absurd post on LinkedIn, updating on his “new position as Inmate at FCI Cumberland.”
Unlike Sam Bankman-Fried, the infamous founder of FTX, Salame is one of four former top FTX managers who pleaded guilty to the criminal charges brought against them by US prosecutors. However, he did not join Caroline Ellison, Nishad Singh, and Gary Wang in testifying against Bankman-Fried.
The nature of his latest LinkedIn post has been highlighted by many as the craziest update on the professional networking platform. Despite the unhinged nature of the post, it is being taken as a joke.
An Associate of Bankman-Fried
Salame became an associate of Bankman-Fried when he joined the Hong Kong offices of Alameda Research as the Head of OTC for APAC in late 2019. After a couple of years, he moved to The Bahamas to become the co-CEO of FTX Digital Markets, according to his LinkedIn profile.
He started his career at Ernst & Young and then moved to Circle, a stablecoin issuer, spending a couple of years at its crypto OTC trading desk.
A screenshot of Ryan Salame's professional roles he added on LinkedIn
While Salame is facing seven and a half years in prison, Ellison, who is also the former girlfriend of Bankman-Fried, was sentenced to two years of imprisonment. Singh and Wang will receive their sentencing later this month.
Meanwhile, Bankman-Fried was imprisoned for 25 years after a high-profile jury trial. Last month, his legal representatives formally appealed his conviction and requested a new trial. The 102-page appeal also accused Judge Lewis Kaplan of being unfairly biased in the previous trial.
Social media updates about personal and professional lives have become common nowadays, but sometimes, some posts attract attention because they are unhinged. Ryan Salame, the former co-CEO of FTX, made such an absurd post on LinkedIn, updating on his “new position as Inmate at FCI Cumberland.”
Unlike Sam Bankman-Fried, the infamous founder of FTX, Salame is one of four former top FTX managers who pleaded guilty to the criminal charges brought against them by US prosecutors. However, he did not join Caroline Ellison, Nishad Singh, and Gary Wang in testifying against Bankman-Fried.
The nature of his latest LinkedIn post has been highlighted by many as the craziest update on the professional networking platform. Despite the unhinged nature of the post, it is being taken as a joke.
An Associate of Bankman-Fried
Salame became an associate of Bankman-Fried when he joined the Hong Kong offices of Alameda Research as the Head of OTC for APAC in late 2019. After a couple of years, he moved to The Bahamas to become the co-CEO of FTX Digital Markets, according to his LinkedIn profile.
He started his career at Ernst & Young and then moved to Circle, a stablecoin issuer, spending a couple of years at its crypto OTC trading desk.
A screenshot of Ryan Salame's professional roles he added on LinkedIn
While Salame is facing seven and a half years in prison, Ellison, who is also the former girlfriend of Bankman-Fried, was sentenced to two years of imprisonment. Singh and Wang will receive their sentencing later this month.
Meanwhile, Bankman-Fried was imprisoned for 25 years after a high-profile jury trial. Last month, his legal representatives formally appealed his conviction and requested a new trial. The 102-page appeal also accused Judge Lewis Kaplan of being unfairly biased in the previous trial.
Arnab Shome is an electronics engineer-turned-financial editor. He holds a Bachelor of Technology from the National Institute of Technology, Agartala. He entered the retail trading industry about a decade ago, covering the cryptocurrency market for Finance Magnates, and later expanded his coverage to include forex and CFDs as well.
His work at Finance Magnates includes C-level interviews, data-driven analysis, opinion pieces, and scoops of industry exclusives. He also contributes to Finance Magnates’ quarterly industry report.
Area of coverage:
1. CFD broker-related news
2. Industry-related Regulatory updates and developments
3. New retail trading trends
4. Prop trading industry updates
5. Executive interviews
Education:
Bachelor of Technology - National Institute of Technology, Agartala (India)
EU Regulators Advance Third-Party ICT Oversight Under DORA and Reiterate Crypto Warnings
Featured Videos
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
OneRoyal takes the spotlight as Most Innovative Broker 2025 (MENA).
Dominic Poynter describes the night as high-quality and professional; a reflection of years of dedication.
With 20 years in the market, the focus now is on continued growth across MENA and the GCC.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com?utm_source=SM&utm_medium=sm_post&utm_campaign=testimonials
OneRoyal takes the spotlight as Most Innovative Broker 2025 (MENA).
Dominic Poynter describes the night as high-quality and professional; a reflection of years of dedication.
With 20 years in the market, the focus now is on continued growth across MENA and the GCC.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com?utm_source=SM&utm_medium=sm_post&utm_campaign=testimonials
OneRoyal takes the spotlight as Most Innovative Broker 2025 (MENA).
Dominic Poynter describes the night as high-quality and professional; a reflection of years of dedication.
With 20 years in the market, the focus now is on continued growth across MENA and the GCC.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com?utm_source=SM&utm_medium=sm_post&utm_campaign=testimonials
OneRoyal takes the spotlight as Most Innovative Broker 2025 (MENA).
Dominic Poynter describes the night as high-quality and professional; a reflection of years of dedication.
With 20 years in the market, the focus now is on continued growth across MENA and the GCC.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com?utm_source=SM&utm_medium=sm_post&utm_campaign=testimonials
OneRoyal takes the spotlight as Most Innovative Broker 2025 (MENA).
Dominic Poynter describes the night as high-quality and professional; a reflection of years of dedication.
With 20 years in the market, the focus now is on continued growth across MENA and the GCC.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com?utm_source=SM&utm_medium=sm_post&utm_campaign=testimonials
OneRoyal takes the spotlight as Most Innovative Broker 2025 (MENA).
Dominic Poynter describes the night as high-quality and professional; a reflection of years of dedication.
With 20 years in the market, the focus now is on continued growth across MENA and the GCC.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com?utm_source=SM&utm_medium=sm_post&utm_campaign=testimonials
FM Daily Brief - 24 April 2026
FM Daily Brief - 24 April 2026
FM Daily Brief - 24 April 2026
FM Daily Brief - 24 April 2026
FM Daily Brief - 24 April 2026
FM Daily Brief - 24 April 2026
It's Friday, the twenty-fourth of April 2026. You're listening to the Finance Magnates Daily Brief. Today's lead: Finance Magnates can exclusively report on ACCM's all-time Q1 volume record. Also ahead: the FCA's first coordinated crypto raids in the UK, and a major US day trading rule change. Listen to the full episode...
It's Friday, the twenty-fourth of April 2026. You're listening to the Finance Magnates Daily Brief. Today's lead: Finance Magnates can exclusively report on ACCM's all-time Q1 volume record. Also ahead: the FCA's first coordinated crypto raids in the UK, and a major US day trading rule change. Listen to the full episode...
It's Friday, the twenty-fourth of April 2026. You're listening to the Finance Magnates Daily Brief. Today's lead: Finance Magnates can exclusively report on ACCM's all-time Q1 volume record. Also ahead: the FCA's first coordinated crypto raids in the UK, and a major US day trading rule change. Listen to the full episode...
It's Friday, the twenty-fourth of April 2026. You're listening to the Finance Magnates Daily Brief. Today's lead: Finance Magnates can exclusively report on ACCM's all-time Q1 volume record. Also ahead: the FCA's first coordinated crypto raids in the UK, and a major US day trading rule change. Listen to the full episode...
It's Friday, the twenty-fourth of April 2026. You're listening to the Finance Magnates Daily Brief. Today's lead: Finance Magnates can exclusively report on ACCM's all-time Q1 volume record. Also ahead: the FCA's first coordinated crypto raids in the UK, and a major US day trading rule change. Listen to the full episode...
It's Friday, the twenty-fourth of April 2026. You're listening to the Finance Magnates Daily Brief. Today's lead: Finance Magnates can exclusively report on ACCM's all-time Q1 volume record. Also ahead: the FCA's first coordinated crypto raids in the UK, and a major US day trading rule change. Listen to the full episode...
