Former FTX executive Ryan Salame's partner Michelle Bond has been charged with violating campaign finance laws

2024-08-23 08:39:20

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ChainCatcher News: A complaint made public on August 22 by the U.S. District Court for the Southern District of New York reveals that Michelle Bond, the partner of former FTX Digital Markets co-CEO Ryan Salame, has been charged with violating campaign finance laws.

Prosecutors allege that Bond, along with an unnamed co-conspirator, illegally provided funds for her 2022 campaign for the U.S. House of Representatives. The indictment states that this co-conspirator may refer to Salame, who arranged a payment of $400,000. Bond is charged with conspiracy to cause illegal campaign contributions, causing and accepting excessive campaign contributions, causing and accepting illegal corporate contributions, and causing and accepting conduit contributions. The prosecution also alleges that she made false statements to the Federal Election Commission and congressional committees to cover up her and her co-conspirator's actions.

Notably, Salame had previously pleaded guilty in September 2023 and was sentenced to 7.5 years in prison, scheduled to report on October 13, and his attorney recently filed a motion to withdraw the guilty plea.

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