FTX Executive's Wife Heads to Trial in November on Campaign Finance Charges
A Manhattan judge rejected a dismissal bid and set Michelle Bond's criminal trial for November, keeping the FTX saga's legal fallout alive.
The legal drama surrounding the collapse of FTX keeps pulling in new characters — and this time, it's Michelle Bond, wife of former FTX executive Ryan Salame, who's heading to trial. A Manhattan judge has officially scheduled her criminal trial to begin in November, keeping prosecutors' campaign finance case squarely on track.
Bond's legal team had tried to get the indictment tossed, arguing that prosecutors misled her husband about the charges she was facing. That argument didn't land with the judge, who denied the motion to dismiss and cleared the way for the November proceedings.
Read more West Michigan Data Center Lands Deal Worth Up to $1.2B →
Campaign finance violations, for those unfamiliar, involve the illegal use, donation, or concealment of money tied to political campaigns — and they can carry serious federal consequences. Bond's case adds yet another thread to the sprawling web of criminal and civil fallout that has followed FTX's dramatic 2022 implosion.
The case is worth watching because it raises questions about how prosecutors communicate with defendants and their families during complex, multi-defendant investigations — a procedural issue that defense attorneys across the country pay close attention to. The judge's rejection of that argument signals the trial will move forward on the merits.
With November not too far off, expect more legal maneuvering before Bond actually takes her seat in a courtroom. Continue reading at Cointelegraph.
