Ex-FTX exec scraps vacating guilty plea, refers matter to partner’s case
Former FTX Digital Markets co-CEO Ryan Salame pleaded guilty to two felony charges in September 2023 and was sentenced to 90 months in prison in May 2024.
Ryan Salame, the former co-CEO of FTX Digital Markets, has withdrawn a petition to vacate his guilty plea for violations of campaign finance and money-transmitting laws.
In an Aug. 29 filing in the United States District Court for the Southern District of New York, Salame’s legal team told the court his longtime partner, Michelle Bond — also facing criminal charges — “may raise the matter” of his guilty plea in her case. Prosecutors unsealed an indictment against Bond on Aug. 22, alleging violations of campaign finance law related to her 2022 congressional campaign.
“To be clear, Mr. Salame stands by the facts set forth in the Petition and his accompanying declaration,” said the filing. “Mr. Salame is withdrawing the Petition, however, to allow the facts to be developed by Ms. Bond, and a ruling to be made, in her case […] it makes sense to adjudicate the issues raised in the Petition in the docket in which the indictment is pending.”
Go to Source
Author: Turner Wright
