Former FTX exec will give up real estate, car and $11M following guilty plea: Report

Former FTX executive Ryan Salame pleaded guilty to campaign finance violations and operating unlicensed money transmitter.
Salame made illegal $5.8 million in campaign contributions to girlfriend's congressional bid.
As part of plea deal, Salame will surrender real estate, car, and pay $11 million in fines and restitution.
Salame is 4th former FTX executive to plead guilty to federal charges related to FTX collapse.
Salame's sentencing set for March 2024, before start of criminal trial of FTX founder Sam Bankman-Fried.

cointelegraph.com

Relevant topic timeline:

8/22/2023

Sam Bankman-Fried Pleads Not Guilty to Latest Indictment

Sam Bankman-Fried, the founder of FTX, pleaded not guilty to fraud and money laundering charges related to the collapse of his cryptocurrency empire, with the new indictment accusing him of misusing customer funds for personal purposes.

9/29/2023

Sam Bankman-Fried Faces Up to 110 Years as Criminal Trial for FTX Collapse Begins

Former FTX CEO Sam Bankman-Fried's criminal trial, which includes seven fraud charges, is expected to last four to five weeks from October 4 to November 9, according to a trial calendar released by the court.