Michelle Bond, the associate of former FTX government Ryan Salame, has been accused of violating U.S. marketing campaign finance legal guidelines, in keeping with an unsealed indictment.
Ex-Congressional aspirant Michelle Bond was accused of financing her failed 2022 New York Home marketing campaign with cash from an unspecified Bahamas-based crypto change.
Per the unsealed doc seen on Aug. 22, Damian Williams, United States Legal professional for the Southern District of New York, argued that Bond injected at the least $400,000 of unlawful cash into her candidacy from a “shame consulting agreement.”
Bond was already concerned with Salame on the time, and he labored for FTX crypto change. The corporate, based by imprisoned crypto tycoon Sam Bankman-Fried, was primarily based within the Bahamas and charged with related marketing campaign legislation violations.
Federal prosecutors declare that Bond admitted the change’s position in funding her marketing campaign throughout a Commerce Group board assembly. FBI appearing assistant director Christia M. Curtis added that Bond deliberately misled Congress concerning the supply of the funds and employed different techniques to cowl her tracks.
FTX’s Salame in protracted litigation
The unsealed costs towards Bond come shortly after Salame accused the federal government of reneging on a plea deal. The settlement, in keeping with Salame, included his responsible plea and a promise to halt any investigation into Bond.
Salame pleaded responsible to conspiracy in September 2023, across the time of Bankman-Fried’s trial, and was sentenced to seven and a half years behind bars. He now intends to problem his sentence or search the dismissal of costs towards Bond.
Fed’s blast Salame
In response, prosecutors cited Salame’s post-sentencing social media statements as a “complete lack of remorse” for America’s authorized complicated.
Salame had posted tweets accusing fellow FTX executives Caroline Ellison and Nishad Singh of mendacity to safe higher plea offers from the federal government. On Aug. 21, prosecutors highlighted these posts, stating that they confirmed no regret for his actions.
