Posts

Showing posts with the label indictment

Former FTX Exec Ryan Salame Withdraws Guilty Plea Petition As Longtime Partner Michelle Bond Faces Criminal Charges

Image
Former co-CEO of FTX Digital Markets Ryan Salame will no longer vacate his guilty plea for violating campaign financing and money-transmitting laws as his former longtime partner Michelle Bond faces criminal charges. Salame withdrew his petition against the guilty plea on Aug. 29, according to a filing with the United States District Court for the Southern District of New York. “To be clear, Mr. Salame stands by the facts set forth in the Petition and his accompanying declaration,” Salame’s legal team said in the filing.  Prosecutors Call Claims By Ryan Salame “Demonstrably False” On Aug. 29, prosecutors had unsealed an indictment against Bond that alleged she had violated campaign financing laws during her 2022 congressional campaign. Salame responded to the unsealed documents, claiming that the US Government would not pursue an investigation into Bond for her alleged violations as part of his guilty plea. Prosecutors called Salame’s claim...