{"id":128864,"date":"2025-05-08T21:16:03","date_gmt":"2025-05-08T21:16:03","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128864"},"modified":"2025-05-08T21:16:03","modified_gmt":"2025-05-08T21:16:03","slug":"former-ftx-execs-wife-says-govt-induced-a-guilty-plea","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128864","title":{"rendered":"Former FTX exec&#039;s wife says gov&#039;t &#039;induced a guilty plea&#039;"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsMichelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US prosecutors deceived her husband in a plea deal.<br \/>\nIn a May 7 filing in the US District Court for the Southern District of New York, Bond\u2019s lawyers reiterated some of the claims Salame made in opposing his plea deal with the government, which ultimately still led to him serving time in prison. She claimed that prosecutors obtained a deal with Salame through \u201cstealth and deception\u201d by allegedly agreeing they would not file charges against Bond.\u00a0<br \/>\n\u201cMr. Salame and Ms. Bond\u2019s attorneys were advised that the agreement to cease investigating Ms. Bond could not be placed within the four corners of the Salame plea or other written agreement, but the government still offered it as an inducement to induce the plea,\u201d said the filing, adding:<br \/>\n\u201cAt a minimum, enough exists to demonstrate a legitimate factual dispute as to the nature and scope of the promises made to Mr. Salame and Ms. Bond to induce his guilty plea such that a hearing with discovery is required.\u201d<br \/>\nMay 7 filing requesting a dismissal of one charge for Michelle Bond. Source: CourtlistenerProsecutors charged Bond in August 2024 with conspiracy to cause unlawful campaign contributions, causing and accepting excessive campaign contributions, causing and receiving an unlawful corporate contribution, and causing and receiving a conduit contribution related to her failed run for a seat in the US House of Representatives in 2022. Salame, who pleaded guilty to two felony charges in 2023 and was later sentenced to more than seven years in prison, attempted to void his deal with prosecutors, claiming it had included an agreement not to charge Bond.<br \/>\nRelated: Former FTX executive Ryan Salame\u2019s prison sentence reduced by 1 year<br \/>\nThe May 7 filing requested the court suppress any statements Bond made after the alleged \u201cinducement\u201d in Salame\u2019s deal. The former FTX executive made similar claims in court filings attempting to nullify his plea, but later dropped the matter and reported to prison in October 2024.<br \/>\nBond hinted that her running as a Republican \u2014 similar politically-motivated claims made by Salame \u2014 had contributed to the campaign finance charges. The indictment alleged she filed false reports to the Federal Election Commission related to funds used for her campaign.<br \/>\nThe FTX saga hasn\u2019t ended\u2026 yet<br \/>\nSince the collapse of FTX in 2022, nearly all former executives indicted on charges related to the misuse of the crypto exchange\u2019s funds have had their day in court.<br \/>\nFormer FTX CEO Sam Bankman-Fried, who pleaded not guilty, went through a trial in 2023 and was later sentenced to 25 years in prison. His lawyers filed a notice of appeal, and reports suggested he may be looking for a pardon from US President Donald Trump.<br \/>\nCaroline Ellison, the former CEO of Alameda Research, was sentenced to two years in prison in September 2024 as part of a plea deal and began serving her time in November. Nishad Singh and Gary Wang, former FTX executives who also pleaded guilty to charges, were each sentenced to time served in 2024.<br \/>\nMagazine: XRP win leaves Ripple and industry with no crypto legal precedent set<a href=\"https:\/\/cointelegraph.com\/news\/michelle-bond-ftx-exec-dismissal-guilty-plea?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsMichelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US prosecutors&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128864"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128864"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128864\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128864"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}