Crypto Advocate Michelle Bond Indicted for Campaign Finance Violations

Bond, a former congressional candidate, allegedly used illegal funds from FTX to support her 2022 campaign.

Federal prosecutors charged Bond with illegally funneling $400,000 from FTX into her campaign.
Bond's romantic partner, former FTX executive Ryan Salame, allegedly arranged the payments.
Bond misrepresented the funds as consulting income on congressional disclosure forms.
Salame claims his plea deal was supposed to protect Bond from prosecution.
Bond faces up to five years in prison if convicted.