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Former FTX exec probed over possible campaign finance violations: WSJ

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Federal prosecutors are reportedly investigating former FTX executive Ryan Salame's involvement in Michelle Bond's 2022 congressional race.

As per the report, Manhattan prosecutors are investigating Salame for possible violations of campaign-finance laws tied to his support of girlfriend Bond, who ran in the Republican primary for New York's first congressional district. The investigation, which dates back to at least April, is examining the funds Salame gave to Bond as well as the loans that funded her campaign, a source told The Journal.

Bond, who ran on a conservative platform, raised over $660,000 in contributions including $54,000 from Salame. She was endorsed by Donald Trump Jr. and Texas Senator Ted Cruz. The investigation into the financial relationship between Salame and Bond is separate from the ongoing case againstcofounder Sam Bankman-Fried, who is charged with improperly spending customer deposits. Salame is not charged in that case.

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WSJ News Exclusive | Former FTX Executive Linked to Campaign-Finance Probe of New York GOP RaceFederal prosecutors in Manhattan are investigating former FTX executive Ryan Salame and his girlfriend, ex-congressional candidate Michelle Bond, for possible violations of campaign-finance law
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