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U.S. Authorities Oppose Former FTX Exec Ryan Salame's Motion to Void Plea Deal
Summary: U.S. authorities are pushing back against former FTX Digital Markets co-CEO Ryan Salame's attempt to void his guilty plea in a case involving campaign finance violations. The U.S. Attorney’s Office filed a response on Aug. 26, stating that Salame's claim that prosecutors promised to stop investigating his partner, Michelle Bond, is "demonstrably false." Salame's legal ...
U.S. authorities are pushing back against former FTX Digital Markets co-CEO Ryan Salame's attempt to void his guilty plea in a case involving campaign finance violations. The U.S. Attorney’s Office filed a response on Aug. 26, stating that Salame's claim that prosecutors promised to stop investigating his partner, Michelle Bond, is "demonstrably false."
Salame's legal team had petitioned for a writ of error coram nobis, seeking to overturn the plea agreement that led to his seven-and-a-half-year prison sentence. The plea negotiations allegedly included an implication from prosecutors that Bond would not face further investigation. However, on Aug. 22, authorities unsealed an indictment against Bond for her role in campaign finance law violations tied to her 2022 bid for a U.S. House seat.
Prosecutors are set to formally oppose Salame's petition by Sept. 4, arguing that his plea was not based on any promises regarding Bond's investigation.
Tags: FTX,Michelle Bond,Ryan Salame
Link: U.S. Authorities Oppose Former FTX Exec Ryan Salame's Motion to Void Plea Deal [Copy]
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