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U.S. prosecutors say former FTX executive Ryan Salame's guilty plea failed to stop investigation into his partners

2024-09-06 00:29
Odaily News U.S. prosecutors said they did not violate a plea agreement with former FTX executive Ryan Salame and did not promise to stop investigating his partner Michelle Bond. Salame previously accused the government of threatening his partner Bond during plea negotiations, but prosecutors stressed that they had repeatedly made it clear to Salame's lawyers that the plea would not affect the ongoing investigation of Bond. Salame pleaded guilty in September to participating in an illegal political donation conspiracy and operating an unregistered money transmission business and was sentenced to seven and a half years in prison. Bond was accused last month of using illegal funds to finance his campaign for the New York State Assembly. Prosecutors also revealed that Salame was suspected of misconduct during his time at FTX, including using other people's identity information to open accounts and overseeing the payment of bribes to immigration officials. (THE BLOCK)