Ethereum ETF Approval Was a Political Decision, Says Bloomberg Analyst James Seyffart

U.S. prosecutors have denied any breach of their plea agreement with Ryan Salame, a former executive at FTX, amid a growing legal battle that touches on campaign finance violations, alleged bribery, and accusations of prosecutorial misconduct.

Salame, who pled guilty in September 2023 to conspiring to make unlawful political contributions and operate an unlicensed money transmitting business, is facing further scrutiny over new allegations linked to his actions at FTX.

Bond, who ran for a U.S. House of Representatives seat in 2022, was charged last month with campaign finance violations, allegedly using illicit funds to support her candidacy. Salame argued that his guilty plea was conditional on assurances that Bond would not face charges.

Salame’s legal challenges escalated when he accused the government of misconduct, claiming prosecutors had reneged on a promise to drop an investigation into his partner, Michelle Bond.