FTX Fallout: Michelle Bond Fights to Testify in Court

FTX Fallout: Michelle Bond Fights to Testify in Court Clash

Written by Aaron S.,

Editor-In-Chief

Last Updated: September 23, 2025

Key Takeaways

Michelle Bond, wife of ex-FTX executive Ryan Salame, is seeking to testify in her case over alleged illegal campaign donations;
Bond faces multiple charges tied to $400,000 in political contributions allegedly linked to FTX funds, but she has pleaded not guilty;
Prosecutors claim her testimony isn’t relevant to Salame’s plea deal, though her defense argues it is key to understanding their actions.

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Legal issues related to the downfall of FTX remain active, with new developments involving Michelle Bond.

Bond, the wife of Ryan Salame, former co-CEO of FTX Digital Markets, is scheduled for an evidentiary hearing as part of her ongoing case.

On September 21, her legal team filed a request asking the judge to allow her to speak in court, despite objections from the prosecution.

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Bond’s case centers around accusations that $400,000 in campaign contributions were illegally funneled to her political campaign.

In August 2024, Bond was charged with several offenses, including conspiracy to violate campaign finance laws, receiving and making excessive campaign contributions, accepting corporate donations, and using third parties to conceal the original source of funds. However, she has denied all charges.

Salame is one of several individuals who faced legal consequences tied to FTX and Alameda Research. After entering his plea, Salame’s lawyers tried to cancel the agreement. They argued that it was made on the condition that Bond would not be prosecuted.

That effort was eventually dropped, with Salame’s legal team saying Bond would instead handle the matter through her own defense.

Bond’s lawyers maintain that her testimony is directly connected to understanding both her and her husband’s actions leading up to the plea.

Federal prosecutors have argued that her statements are unlikely to provide useful details about Salame’s previous plea agreement, which focused on campaign finance-related crimes.

Recently, Fenwick & West asked a Florida judge to block efforts to update a lawsuit that claims it was involved in the events leading to the collapse of FTX. What did the company say? Read the full story.