Ryan Salame, the former co-CEO of FTX Digital Markets, claimed that the U.S. government has unfairly targeted him due to his support for the Republican Party.
Salame made these statements during an appearance on The Tucker Carlson Show on October 10, a day after requesting a judge delay his self-surrender date by two months for medical reasons.
In his interview, Salame argued that he was unjustly charged with “campaign finance violations” for his donations to the Republican Party. He pointed out that other FTX executives, including former CEO Sam Bankman-Fried, who “helped get Biden elected,” were not charged with similar violations.
“Correct me if I’m wrong here. You have Sam Bankman-Fried, who’s in prison for a long time, but he’s not been charged with any campaign finance violations. He gave it to Democrats,” Salame said.
Although Salame has not been charged in connection with FTX’s collapse, he faces charges related to campaign finance violations after borrowing money from Alameda Research to make political contributions. Salame stated that he donated between $20 million and $30 million to Republican candidates.
Salame claimed his legal team had assured him that the borrowed funds were legal, but he was later accused of orchestrating a straw donor scheme, using company money to make contributions in others’ names.
He also questioned a second charge, which accused him of operating without a money-transmitting license.
Salame noted that Bankman-Fried had donated between $60 million and $70 million to Democratic candidates in the 2020 election but has not faced similar campaign finance charges.
Salame further alleged that federal prosecutors pressured him to plead guilty by threatening to investigate his child’s mother. He said, “They told me that if I pled guilty to these two crimes, they would not pursue my loved ones and look at anything that they had done or investigate them.”
He claimed that despite his plea deal, the government continued to pursue his family, breaking their agreement. Salame now plans to use this in an appeal, stating, “Because the government has now continued to pursue the mother of my child, despite saying that they wouldn’t if I pled guilty.”
Salame emphasized that none of Bankman-Fried’s family members have faced legal consequences and claimed the U.S. justice system prioritizes convictions over truth.
He has already spent about $6 million on legal fees.
On October 9, former Alameda Research CEO Caroline Ellison agreed to settle her case with FTX by turning over “substantially all of her assets,” according to court documents filed earlier that month.
Since falling below $2,450 on October 2, Ether (ETH) has consolidated within a narrow $100 range over the past nine days. While Bitcoin has shown more volatility, Ether’s weekly performance has seen only a 1% decline.
On the weekly chart, Ethereum has maintained a bullish stance by staying above the 200-day EMA trendline, signaling potential strength.
Now, several bullish indicators have emerged for Ethereum, suggesting that a positive breakout for the ETH/USD trading pair could be on the horizon.
Last month, Cointelegraph reported that Ethereum’s price action was forming a market fractal similar to patterns seen from May to June 2021 and March to May 2024. In both instances, Ethereum experienced a bullish breakout, and a similar outcome could unfold in the coming weeks.
As shown in the chart, Ethereum’s September gains formed a lower high, aligning with the III and IV phases of the fractal, confirming the formation of phase V. This fractal pattern closely mirrors those seen earlier in 2024, further strengthening the possibility of a bullish breakout.
Over the past week, Ether has established equal lows around $2,300, which may mark the bottom value of phase VI (the final phase). However, even a drop to $2,251 would still keep the fractal pattern intact. The potential bullish breakout could target $3,375, representing a 40% rally from its current price.
In addition to the fractal, the ETH/BTC chart may be signaling a bottom, which could favor Ethereum. Trader Tardigrade, a market analyst, points out that ETH/BTC may have formed a double bottom on the daily chart. This pattern is often a sign of a bullish reversal, with a success rate of 75-80% if it forms over a longer period.
However, this double bottom pattern is incomplete, as the price has yet to return to the resistance line of $0.041 after forming equal lows.
Another analyst, CryptoBullet, believes that ETH/USDT could dip to $2,085 before a bullish breakout. He stated, “Ideally, we should sweep those lows (Aug 5 and Sept 6) this month, completing my triple bottom fractal, and then we can finally take off.”
These analyses suggest that Ethereum may experience short-term declines but remains poised for a potential bullish breakout in the near future.
Moon Musk could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Moon Musk (MOONMUSK), a new Solana memecoin that was launched today, is set to explode over 17,000% in price in the coming days.
This is because MOONMUSK is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Moon Musk can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Moon Musk could become the next viral memecoin.
Moon Musk launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Moon Musk on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet, and swap Solana for Moon Musk by entering its contract address – 2BRtADzxBF5cjNGiT9xUNvrFX1dw4nnLdydMyXCbLJx5 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance, and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like MOONMUSK.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Silver Pepe could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Silver Pepe (PEPESILV), a Solana memecoin launched today, is set to explode over 16,000% in price in the coming days.
This is because PEPESILV is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Currently, Silver Pepe can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Silver Pepe could become the next viral memecoin.
Silver Pepe launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Silver Pepe on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Silver Pepe by entering its contract address – GRqH7PWVKd4ei5TpZtcBQVpCRMQWry5pwak85Fe4AzED – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPESILV.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Genius Trump could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Genius Trump (GENTRUMP), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because GENTRUMP is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Genius Trump can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Genius Trump could become the next viral memecoin.
Genius Trump launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Genius Trump on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Genius Trump by entering its contract address – 7WoL22CxJmGimvL21LRc5M6v8chF9A6FK5LjqKY1bQYY – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like GENTRUMP.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Chinese Pepe could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Chinese Pepe (CHINPEPE), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because CHINPEPE is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Chinese Pepe can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Chinese Pepe could become the next viral memecoin.
Chinese Pepe launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Chinese Pepe on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Chinese Pepe by entering its contract address – E4dZabjXGnw41SXUg8rtcGjrw1763jsULNAVT4crPz7u – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like CHINPEPE.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Dumb Kamala could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Dumb Kamala (DUMBKAMA), a Solana memecoin launched today, is set to explode over 16,000% in price in the coming days.
This is because DUMBKAMA is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Currently, Dumb Kamala can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Dumb Kamala could become the next viral memecoin.
Dumb Kamala launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Dumb Kamala on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Dumb Kamala by entering its contract address – 6i8aiikUs9bsQxoR1DG5ePxFS7yFxigiMY9A33mvkPwz – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DUMBKAMA.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Bitcoin may see relief from its recent downturn as United States demand stays high, according to analysis.
In one of its Quicktake blog posts on Oct. 3, on-chain analytics platform CryptoQuant revealed the “possibility of a short-term BTC increase.”
Bitcoin’s price action has delivered several tests of $60,000 support this week amid market jitters over the situation in the Middle East.
Behind the scenes, however, demand is strong — as indicated by the popular Coinbase premium metric.
The Coinbase premium measures the difference in pricing between the BTC/USD pair on the largest US exchange, Coinbase, and Binance’s BTC/USDT equivalent.
Moving averages covering the size of the premium are, in turn, correlated with specific BTC price behavior, as shown by CryptoQuant contributor Yonsei_dent.
“We analyzed the Coinbase Premium Index on a 1-hour time frame to observe short-term momentum, utilizing the 24-hour (daily) and 168-hour (weekly) moving averages for added context,” he explained.
“Historically, when the daily moving average forms a golden cross by crossing above the weekly moving average with strong momentum, we observed significant price movements shortly after that.”
Such a “golden cross” scenario last occurred late last month, capturing Bitcoin’s move above $66,000.
Yonsei_dent added that “despite the price correction from $66k to approximately $61k around October 1st, the continued rise in demand from US-based investors suggests renewed upward pressure.”
He concluded: “This consistent demand, as reflected by the Coinbase Premium, could signal a potential short-term recovery in Bitcoin’s price.”
As Cointelegraph reported, Coinbase has seen a positive premium over the Binance return in recent weeks, an encouraging signal for BTC price performance.
Overall, exchanges continue to witness mass withdrawals as BTC/USD tests support, with the tally hitting its highest since the FTX meltdown in November 2022.
Analyzing the Coinbase Flow Pulse tool, which measures shifts into Coinbase from other trading platforms, fellow CryptoQuant contributor Axel Adler Jr. reached similar conclusions on price outlook.
“The Bitcoin inflow to Coinbase from all exchanges remains in the green zone, indicating strong demand for coins in the US market,” he told X followers alongside a chart on Oct. 4.
“Despite the local pullback, the bullish trend persists.”
Trump Ends SEC could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Trump Ends SEC (TRUMESEC), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because TRUMESEC is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Trump Ends SEC can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump Ends SEC could become the next viral memecoin.
Trump Ends SEC launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Trump Ends SEC on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Ends SEC by entering its contract address – D5gG1fhhqmczCDbDGsqAhWZWZDkVWPYU5xrj55QbcTr2 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMESEC.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
The United States Securities and Exchange Commission (SEC) filed a notice of appeal in the Ripple lawsuit on October 2, seeking to overturn a ruling made by Judge Analisa Torres.
Legal experts had anticipated the regulatory agency’s appeal of the 2023 ruling, which determined that secondary sales of Ripple’s XRP did not constitute securities sales.
Judge Torres ruled that XRP was not a security by itself because the digital asset failed to meet all the conditions outlined in the SEC’s Howey test for classifying a financial asset as an investment contract.
As a result, Torres concluded that secondary sales could not be labeled as unregistered securities sales. However, she did determine that early sales from the Ripple founders to institutional investors did qualify as securities sales due to the way they were conducted.
The ruling was celebrated as a significant victory for Ripple Labs and the broader cryptocurrency industry at the time.
On the same day that the SEC filed its notice of appeal in the Ripple lawsuit, the agency also announced that its chief enforcement officer, Gubir Grewal, would step down on October 11.
Grewal has faced criticism for imposing harsh enforcement actions against the crypto industry, having suggested more than 100 separate enforcement actions during his tenure.
The government regulator has yet to formally replace Grewal, though Sanjay Wadhwa, the deputy director of the SEC’s enforcement division, has been appointed as the interim chief enforcement director while a permanent replacement is identified.
Meanwhile, interest in XRP appears to be growing within institutional circles. As reported by Cointelegraph, Bitwise filed for an XRP ETF trust in the state of Delaware on September 30.
This filing, which was made available on the state’s Division of Corporations website, indicates that the company is exploring an XRP ETF.
However, it is important to note that the initial filing in Delaware is not an SEC filing, and due to the recent legal appeal, SEC approval for the XRP trust may be delayed.