Ryan Salame Seeks to Void Guilty Plea Over Alleged Breach of Deal on Michelle Bond Investigation

Aug 21, 2024, 10:59 PM

Former FTX executive Ryan Salame is seeking to vacate his guilty plea, alleging that prosecutors have breached a verbal agreement by resuming an investigation into his partner, Michelle Bond, a prominent crypto lobbyist. Salame's legal team claims that the U.S. government had promised not to pursue campaign finance charges against Bond if he pleaded guilty. However, they argue that the government has reneged on this promise, prompting Salame to request either the withdrawal of his conviction or the dismissal of any indictment against Bond. This legal maneuver comes in the aftermath of significant legal actions against former FTX executives, including Salame's 90-month sentence and Sam Bankman-Fried's 25-year sentence.