Ryan Salame's Wife Faces Charges for Allegedly Using FTX Funds to Finance Congressional Campaign

CoinFeed June 18 news, according to Cointelegraph, former FTX executive Ryan Salame's wife Michelle Bond is facing criminal charges for allegedly using FTX funds to finance her 2022 congressional campaign. Manhattan federal judge George Daniels has denied Bond's motion to dismiss the charges, ruling that the case will proceed. Bond had previously claimed that prosecutors promised not to charge her in exchange for Salame's guilty plea, but the judge found no such promise in the plea agreement. Prosecutors allege that Bond obtained $400,000 from FTX through a consulting agreement and received hundreds of thousands of dollars in additional funds from Salame, which were used to illegally finance the campaign while concealing the source of funds and making false statements to the Federal Election Commission. Bond faces four charges, each carrying a maximum sentence of five years in prison.