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Former FTX Co-CEO Salame Invested $6 Million in Massachusetts Restaurants

  • Ryan Salame told regulators about possible fraud, filings show
  • CEO received $55 million loan from Alameda, per court filings
Bloomberg business news
FTX Exec Warned Regulators of Possible Misuse of Funds
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A thousand miles away from FTX’s Bahamanian villas and beach-side getaways, one top executive of the failed crypto exchange spotted a different investment opportunity: the restaurant scene of a tiny town in Western Massachusetts. 

Ryan Salame, the former co-chief executive officer of FTX Digital Markets who tipped off Bahamian authorities to possible misuse of funds at the exchange, spent more than $6 million on restaurants and real estate in the Berkshire town of Lenox, according to local property records. He owns five dining enterprises in the hamlet through the Lenox Eats Collective: two restaurants, a dessert shop, a catering company and a food truck called The Lunch Pail