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Ex-Fitx Exec’s Plea Deal still in the middle of the court case


Nearly three years after the collapse of the Crypto Exchange FTX, the court fights tied to its executives and their comrades were still unchanged. This week, Michelle Bond, husband of the former FTX Digital Markets Co-Ceo Ryan Salame, will return to court for a proof hearing on his criminal case.

In a week File In the US district court for the Southern District of New York (SDNY), the legal bond team asked him to allow him to testify despite the prosecutors’ objections.

The prosecutors are Argued It was Friday that it was unlikely to offer a testimony in connection with the Salame Plea Agreement involving allegations of financial fraud in the campaign. She is currently delivering time to prison for her role in the collapse of the company

The deal with Salame’s plea is sitting in the middle of his case in alleged financial violations of the campaign. The prosecutors said Salame had ordered $ 400,000 to funds tied to the FTX sent to his campaign.

Bond was charged with conspiracy to cause unlawful campaign contributions, causing and receiving excessive campaign contributions, causing and receiving an unidentified corporate contribution, and causing and receiving a contribution to the conduit in August 2024.

“The government has no grounds to pre-emptively Bar Ms. Bond from witnessing because her testimony is not redundant or irrelevant,” her lawyers said. “Ms.

Law, cryptocurrency exchange, court, crime, FTX
Week of filing Michelle Bond’s lawyers. Source: Courtlistener

As one of the five defendants who were involved in the accusation of former FTX and Alameda Research Executives, Salame apologized to keep up with the unlawful political contributions and the federal election and conspiracy commission to operate an unlicensed business -sending business commission.

He was punished by seven-and-a-half years in prison, where she has been reported In October 2024.

After Salame’s guilt, his lawyers attempted to vacate his deal with the US prosecutors, claiming that the agreement depends on them not to pursue criminal charges against Bond. He eventually dropped the complaint, saying that Bond would address the matter as part of his case.

Related: Judge of questions whether the ex-FTX exec refers to himself at the offender plea