policy

FTX Executive's Wife Heads to Trial in November on Campaign Finance Charges

A Manhattan judge set Michelle Bond's criminal trial for November after rejecting a bid to dismiss charges tied to alleged prosecutorial misconduct.

A Manhattan federal judge has scheduled Michelle Bond, wife of former FTX executive Ryan Salame, for a November criminal trial on campaign finance charges, rejecting her legal team's push to have the indictment thrown out entirely.

Bond's attorneys had argued that prosecutors misled her husband, Ryan Salame, regarding her own charges — a claim the judge ultimately found insufficient to warrant dismissal of the case against her. The ruling keeps the criminal proceedings firmly on track.

Read more Trump Abruptly Cancels Bipartisan Housing Bill Signing →

The case adds another legal chapter to the sprawling fallout from the collapse of FTX, the cryptocurrency exchange that imploded in 2022. Bond, who ran as a Republican congressional candidate in New York, faces charges connected to alleged illegal campaign contributions.

The November trial date sets a firm deadline for both sides to prepare their arguments, with Bond's defense now pivoting toward contesting the charges at trial rather than securing a pre-trial dismissal. The outcome could carry significant implications for how federal prosecutors handle related financial misconduct cases stemming from the FTX saga.

Continue reading at Cointelegraph.

Continue reading at Cointelegraph →

Frequently Asked Questions

Q.Who is Michelle Bond and what is she charged with?

Michelle Bond is the wife of former FTX executive Ryan Salame and a former Republican congressional candidate in New York. She faces criminal charges related to alleged illegal campaign finance contributions.

Q.Why did Michelle Bond's lawyers try to get the case dismissed?

Bond's defense argued that prosecutors misled her husband, Ryan Salame, concerning the charges against her, but the Manhattan judge rejected that argument and denied the motion to dismiss.

Q.When is Michelle Bond's criminal trial scheduled to begin?

A Manhattan judge has set Michelle Bond's criminal trial to begin in November.

More in policy →