Partner of Former FTX Executive Charged with Campaign Finance Violations in 2022 Congressional Run
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
Michelle Bond, the former U.S. congressional candidate and partner of ex-FTX executive Ryan Salame, was charged today with multiple campaign finance violations related to her 2022 congressional run.
Federal prosecutors allege that Bond illegally used funds from FTX, the now-bankrupt cryptocurrency exchange where Salame served as an executive, to finance her campaign.
The indictment, unsealed in the Southern District of New York, has reignited discussions about the entangled line of political campaigns and FTX.
The charges against Bond are deeply intertwined with her romantic relationship with Ryan Salame, who played a central role at FTX and has already faced severe legal consequences for his involvement in campaign finance violations.
According to the indictment, Bond’s 2022 congressional campaign was unlawfully financed with $400,000 from FTX.
The contribution is alleged to have been orchestrated by Salame, who used his position at the cryptocurrency exchange to funnel corporate funds into Bond’s campaign. This is a clear violation of U.S. campaign finance laws that prohibit corporate contributions to political candidates.
The indictment further details that Bond used almost all of this money to support her bid for a House seat in New York’s 1st Congressional District, which includes eastern Long Island.
Bond’s campaign was ultimately unsuccessful, failing to secure the Republican nomination.
However, the financial irregularities surrounding her campaign are now under intense scrutiny.
Prosecutors accuse Bond of making false
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