Michelle Bond faces FTX-linked campaign finance charges

Michelle Bond will face campaign finance charges over alleged FTX-linked funds after a judge denied her dismissal request. The case will proceed to trial, with prosecutors to prove their claims.

Michelle Bond, the wife of former FTX executive Ryan Salame, is set to face federal campaign finance charges after a New York judge denied her motion to dismiss the case. Prosecutors allege that Bond received $400,000 from FTX, labeled as consulting fees, along with additional wire transfers from Salame. These funds were allegedly used to unlawfully support her 2022 congressional campaign. Bond argued that Salame’s plea agreement should shield her from prosecution, but the court rejected this claim. The case is part of the broader legal fallout following FTX’s collapse and highlights ongoing scrutiny of the intersection between cryptocurrency, politics, and campaign finance law. No trial date has been set yet. Prosecutors will now need to present evidence to support their allegations as the case moves forward.