The post Chaos In Court: Ex-FTX Leader Questions Plea Deal Amid Alleged Prosecutor Betrayal appeared on BitcoinEthereumNews.com.

In the ongoing legal saga involving key figures of the defunct crypto exchange FTX, Ryan Salame, a former executive at the exchange, has filed a motion to challenge his current plea agreement with US authorities. Prosecutors Alleged Breach Of Agreement As reported by CNBC, Salame, who previously pleaded guilty to charges related to campaign finance and money-transmitting offenses, has petitioned a New York federal judge to invalidate his guilty plea.  His defense team contends that prosecutors breached a top aspect of the plea agreement by resuming an investigation into his domestic partner, Michelle Bond, for alleged campaign finance violations despite assurances to the contrary. The court filing by Salame’s lawyers reveals that the Manhattan US Attorney’s Office had purportedly promised to halt the probe against Bond if Salame entered a guilty plea last year, citing his earnest desire to shield her from legal repercussions.  However, recent developments indicate that the government has recommenced investigations into Bond and is actively pursuing an indictment against her, prompting the defense to request judicial intervention. FTX Exec Salame Fights Conviction Salame, who faces a looming 7-and-a-half-year prison sentence starting October 13, was further slapped with substantial financial penalties totaling over $11 million in forfeiture and restitution.  The unfolding legal battle has intensified as Salame seeks recourse against what his legal team deems a breach of trust by prosecutors. The US Attorney’s Office declined to comment in response to the filing. Salame’s social media post on Wednesday alludes to the prospect of facing off against formidable adversaries but expresses hope for transparency and integrity in the face of adversity. Salame stated: It’s all true but I just made a court filing I’m pretty nervous about because I know it means the most powerful body in the world is going to come at me and my loved…

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Filed under: News - @ August 23, 2024 2:17 am