Crypto Lobbyist Charged with Finance Fraud

Understanding the Charges Against Michelle Bond

Michelle Bond, a former cryptocurrency industry lobbyist, has been charged with campaign finance fraud, marking another chapter in the legal consequences following the collapse of the FTX crypto exchange. Bond, who also campaigned unsuccessfully for a Congressional seat in Long Island, allegedly received a "sham $400,000 payment" from FTX, facilitated by her boyfriend, Ryan Salame, an executive at the now-defunct exchange.