An executive from the bankrupt cryptocurrency exchange FTX is under investigation for allegedly making illegal donations to his girlfriend’s political campaign, according to a report by the Wall Street Journal.

Federal prosecutors in Manhattan are examining a series of donations by former FTX executive Ryan Salame to his then-girlfriend Michelle Bond during her bid to win the Republican nomination for a congressional district on Long Island. Specifically, they are looking at money transferred from Salame to Bond, as well as loans the candidate made to her own campaign. 

Bond, whose run was supported by prominent conservatives, received just over $56,000 in donations from Salame and other FTX employees, according to Federal Election Commission records.

In total, Bond received over $659,000 in contributions for her campaign in 2022. 

A representative for Salame did not return a request for comment from Decrypt. 

Salame has floated in the crosshairs of federal investigators since the collapse of FTX last year, and the arrest of its disgraced CEO Sam Bankman-Fried on

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Author: Nicholas Morgan

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