{"id":136061,"date":"2024-08-23T10:00:51","date_gmt":"2024-08-23T07:00:51","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136061"},"modified":"2024-08-23T00:42:04","modified_gmt":"2024-08-22T21:42:04","slug":"former-ripple-executive-charged-in-illegal-campaign-funding-case","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/former-ripple-executive-charged-in-illegal-campaign-funding-case\/","title":{"rendered":"Former Ripple Executive Charged in Illegal Campaign Funding Case"},"content":{"rendered":"<p>Bond and her partner, Ryan Salame, a former executive at FTX, are <strong><a href=\"https:\/\/www.justice.gov\/usao-sdny\/media\/1364856\/dl\" target=\"_blank\" rel=\"nofollow\">accused<\/a> <\/strong>of improperly financing Bond\u2019s 2022 congressional campaign for New York\u2019s first district. Salame is said to have arranged a $400,000 payment from FTX to support Bond\u2019s unsuccessful campaign, which ended in the primary elections.<\/p>\n<p>Bond had been advised by a political consulting firm to fund her campaign personally, but she reportedly received $400,000 from FTX as part of a \u201cconsulting agreement\u201d without providing any actual services.<\/p>\n<p>Salame, who was a close associate of the disgraced FTX founder Sam Bankman-Fried, was sentenced to seven years in prison earlier this year. Bankman-Fried himself is serving a 25-year sentence following his conviction for orchestrating a billion-dollar fraud last November.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/most-hacked-cryptocurrencies-struggle-to-rebound\/\" title=\"Most Hacked Cryptocurrencies Struggle to Rebound\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/hackers-1-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Most Hacked Cryptocurrencies Struggle to Rebound<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Salame has recently requested a judge to block Bond\u2019s indictment or overturn his own conviction. Bond, who joined Ripple as the global head of government relations in 2019, left the company the following year to become the CEO of the Association for Digital Asset Markets (ADAM).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michelle Bond, a former Ripple executive, faces charges from the U.S. Department of Justice for allegedly participating in illegal campaign contributions.<\/p>\n","protected":false},"author":3,"featured_media":22030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[],"class_list":["post-136061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Former Ripple Executive Charged in Illegal Campaign Funding 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