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The New York Times reported that the FBI searched Ryan Salame's Potomac, Maryland, house on Thursday morning, citing two persons with knowledge of the investigation.

An FBI raid takes place at a senior FTX official’s home.

The New York Times reported that the FBI searched Ryan Salame’s Potomac, Maryland, house on Thursday morning, citing two persons with knowledge of the investigation.

Requests for comment from Reuters were not immediately met by the FBI, Salame, or his lawyer.

According to a court document filed on Wednesday by the Securities Commission of the Bahamas, Salame notified the regulator that customer funds stored at FTX Digital Markets may have been transferred to Alameda days before FTX filed for bankruptcy and Bankman-Fried resigned as CEO.

According to OpenSecrets, he was one among the top political donors in the 2022 election cycle, giving more than $23 million to Republican campaigns.

According to a biography on the website of the University of Massachusetts Amherst, where he established a scholarship fund, Ryan Salame, the co-CEO of FTX’s Bahamian subsidiary, worked for Ernst & Young and Circle Internet Financial before joining FTX Digital Markets in 2021.

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