Latest In FTX Saga: DOJ Alleges Campaign Finance Violations Against Ex-Executive’s Partner
In the latest development in the ongoing FTX saga, federal prosecutors have charged Michelle Bond, the domestic partner of former FTX executive Ryan Salame, with violating campaign finance laws. This comes just a day after Salame made a last-ditch effort to have his conviction vacated or blocked.
DOJ Cracks Down On FTX Connections
According to the US Attorney’s Office in Manhattan, Bond, who unsuccessfully ran for a congressional seat in New York last year, allegedly used $400,000 from the cryptocurrency exchange FTX, where her partner was an executive, to finance her campaign.
The US Department of Justice (DOJ) deemed Bond’s actions a clear violation of laws prohibiting corporate contributions to political campaigns. US Attorney Damian Williams said:
As alleged, Michelle Bond and her co...