Former crypto executive the latest to face charges in collapse of FTX exchange

NEW YORK (AP) — Another top executive at the failed FTX cryptocurrency exchange is scheduled to appear in court in New York Thursday afternoon to face undisclosed criminal charges.

Ryan Salame, the former co-chief executive of FTX Digital Markets, was set to appear before a judge at 3 p.m. at the U.S. district court in Manhattan.

Federal prosecutors didn’t immediately disclose what charges Salame is facing or reveal details about the case. A lawyer for Salame, Jason Linder, didn’t immediately return an email seeking comment.

The founder of FTX, Sam Bankman-Fried, was arrested last year in the Bahamas and extradited to the U.S. to face charges that he committed a host of crimes while running the popular digital currency trading platform.

Among other things, prosecutors said he defrauded customers by…



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