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FTX exec’s wife scheduled for November trial on campaign finance charges

FTX exec’s wife scheduled for November trial on campaign finance charges

Michelle Bond, the wife of a former FTX executive, is scheduled for a criminal trial in November after a Manhattan judge denied her motion to dismiss the indictment. Bond's defense argued that prosecutors misled her husband, Adam Yedidia, regarding her charges, which are related to campaign finance violations. The judge's decision means the case will proceed to trial, where prosecutors will present evidence of alleged illegal contributions and coordination with political campaigns. Bond faces charges stemming from her alleged involvement in directing campaign donations while her husband was employed at the now-defunct cryptocurrency exchange FTX. The indictment details specific instances of alleged campaign finance law violations. The trial date was set for November 4, 2024, by U.S. District Judge Lewis Liman. The motion to dismiss was based on the assertion that Yedidia was not fully informed about the potential charges against his wife, which the defense claimed constituted prosecutorial misconduct. Judge Liman found the arguments insufficient to warrant dismissal of the indictment, stating that the defense had not met the burden of proof required for such a motion. The case is proceeding in the Southern District of New York.

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