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Cointelegraph by Turner Wright
2024-08-22 14:12:56
cointelegraph.com
United States authorities have charged Michelle Bond, the partner of former FTX Digital Markets co-CEO Ryan Salame, with violations of campaign finance law.
In an indictment unsealed on Aug. 22 in the US District Court for the Southern District of New York, US Attorney Damian Williams alleged Bond and Salame illegally funded her run for the US House of Representatives in 2022. The indictment hinted at an unnamed co-conspirator — a “high-level executive at a now-defunct cryptocurrency exchange” — who arranged for a $400,000 payment from the firm to Bond.
Prosecutors charged Bond 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.
This is a developing story, and further information will be added as it becomes available.
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