business
- Former FTX executive Ryan Salame sentenced to 90 months in prison for unlawful political contributions and money-transmitting. - Salame helped FTX grow illegally, made illegal political donations, and faces $11M in fines. - Salame cooperated minimally, didn't testify against Bankman-Fried, and will keep his Porsche. - Salame
business
* Sandeep Nailwal takes on additional role as chief business officer at Polygon Labs. * Will oversee strategy for Polygon's zero-knowledge solutions and AggLayer network. * Polygon Labs focuses on building transformative technology for scaling and liquidity. * Polygon processes transactions economically by redirecting to sidechains and Layer 2 zkEVM network. * Nailwal
business
* Elwood in talks to sell part of business, focusing on portfolio and risk management services. * Reorganization of Alan Howard's crypto investments leads to changes at Elwood. * Aptos' APT Token down 52% in April after booming March, according to VanEck. * Elwood re-evaluates roadmap, shifts focus to portfolio and