Partner of ex-FTX exec pleads not guilty to campaign finance charges

Michelle Bond was free on a $1 million bond and restricted from traveling outside the continental US, while her partner Ryan Salame is expected to report to prison on Oct. 11.

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Michelle Bond, the partner of former FTX Digital Markets co-CEO Ryan Salame, has pleaded not guilty to four counts of campaign finance violations in federal court.

In a Sept. 17 hearing in the United States District Court for the Southern District of New York, Bond pleaded not guilty to 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. She remained free on a $1 million bond after an Aug. 22 hearing and was restricted from traveling outside the continental US.

The charges stemmed from Bond’s allegedly concealing the source of funds for her run as a Republican for a seat in the US House of Representatives in 2022. Salame allegedly arranged a $400,000 payment from FTX to fund her campaign, and she allegedly made false statements to the Federal Election Commission (FEC) and a congressional committee.

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