A former CEO of a cryptocurrency company this week updated his LinkedIn followers to tell them that he would soon be beginning a stint behind bars.
Ryan Salame, former executive of the now bankrupt FTX, was sentenced to seven-and-a-half years in jail for his role in campaign-finance law violations.
He is due to begin his prison term imminently and astonishingly took to social media yesterday to let his followers know the news.
The former entrepreneur wrote: ‘I’m happy to share that I’m starting a new position as inmate at FCI Cumberland.’
The announcement was accompanied by a graphic showing a cherry landing on top of a cake.
Salame’s astonishing post has gone viral on social media, garnering over 1,000 reactions and comments on LinkedIn.
Fareesh Vijayarangam commented: ‘Are you open to working remotely?’
Another added: ‘From LinkedIn to LockedIn.’
‘Congratulations! I hear the work uniforms are free too so it’s a win-win,’ commented Timothy C.
Salame also updated his X bio to: ‘7.5 year prison sentence. Former: Free man, US Republican mega-donor, CEO of FTX Digital Markets.’
The 31-year-old pleaded guilty last September to making tens of millions of dollars’ worth of unlawful campaign donations and also agreed to forfeit $1.5 billion.
Prosecutors said Salame, his boss Sam Bankman-Fried and former FTX engineering chief Nishad Singh used FTX customer funds to donate to political candidates supporting crypto-friendly legislation.
Salame reportedly gave more than $24 million to Republican candidates.
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