Michelle Bond Case Involving Former Exchange Executive's Spouse: Trial Ongoing, Core Focus on Salame Plea Agreement

Jinse Finance reported that nearly three years after the collapse of a certain crypto exchange, legal disputes involving its executives and related personnel are still ongoing. This week, Michelle Bond, the spouse of former co-CEO of the exchange's Digital Markets, Ryan Salame, will return to court for a criminal case to attend an evidentiary hearing. In documents filed Sunday in the U.S. District Court for the Southern District of New York (SDNY), Bond's legal team requested that the federal judge allow her to testify, despite objections from the prosecution. On Friday, prosecutors stated that Bond's testimony is unlikely to be relevant to Salame's plea agreement regarding campaign finance fraud charges. Salame is currently serving a sentence related to charges stemming from the company's collapse. Salame's plea agreement is at the core of Bond's case, which involves alleged campaign finance violations. Prosecutors allege that Salame ordered $400,000 in funds related to the exchange to be transferred into Bond's campaign account.