US authorities are investigating former FTX exec for potential campaign finance violations: Report

📆 7/11/2023 1:49 PM
📰 Cointelegraph

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US authorities probe former FTX Digital Markets executive for potential campaign finance violations. The investigation focuses on ties between rsalame7926 and michellebond111's failed congressional campaign.

Prosecutors in New York are reportedly looking into former FTX Digital Markets co-CEO Ryan Salame for potential violations of campaign finance law in the United States.

According to a July 11 report from The New York Times, Salame and his girlfriend Michelle Bond — a Republican candidate who ran to represent New York’s 1st congressional district in 2022 — may havethe federal limits on contributions during her campaign. Authorities are reportedly investigating financial ties between Salame and Bond dealing with her congressional campaign, which did not move beyond the Republican primary.

The investigation appeared to be separate from federal charges other individuals tied to FTX and its subsidiaries have faced since the exchange filed for bankruptcy in November 2022. Former FTX CEO

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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
Source: WSJ - 🏆 98. / 63 Read more »