Ex-FTX Executive Salame Negotiating Plea Deal

Ex-FTX Executive Salame Negotiating Plea Deal

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the potential charges against Ryan Salem, former Co-Chief Executive Officer of FTX Digital Markets, related to the collapse of FTX. It highlights the complexity of the investigation, Salem's discussions with federal prosecutors, and his involvement in FTX's political donation activities. The case involves allegations of FTX running a political donations machine to influence crypto regulation, with Salem being a significant Republican donor.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What position did Ryan Salem hold at FTX Digital Markets?

Chief Financial Officer

Co Chief Executive Officer

Chief Technology Officer

Chief Operating Officer

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was the investigation into FTX's collapse considered lengthy and complex?

Due to the absence of any legal framework for cryptocurrency

Due to the involvement of international agencies

Because of the lack of cooperation from FTX executives

Because of the need to gather evidence from multiple witnesses and executives

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What unique insight did Ryan Salem have that was of interest to prosecutors?

FTX's financial statements

FTX's marketing strategies

FTX's political donation activities

FTX's technological innovations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the alleged purpose behind FTX's political donations?

To influence cryptocurrency regulation in Washington DC

To fund international expansion

To support local charities

To promote FTX's brand globally

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did FTX allegedly disguise its political donations?

By donating through international subsidiaries

By using cryptocurrency instead of cash

By enlisting executives as straw donors

By using anonymous accounts