PANews reported on August 27 that according to Cointelegraph, the U.S. Attorney's Office opposed a request made by former FTX Digital Markets co-CEO Ryan Salame to withdraw his guilty plea on charges involving campaign fund violations. In a document filed with the U.S. District Court for the Southern District of New York on August 26, prosecutors stated that they would oppose a petition filed in writing by Salame's legal team before September 4.
The former FTX executive's lawyers previously filed a petition for correction of error, seeking to have the court overturn Salame's plea agreement, which resulted in Salame being sentenced to seven and a half years in prison. Salame claimed that prosecutors hinted during plea negotiations that they would not investigate his partner Michelle Bond, but on August 22, authorities unsealed an indictment against Bond, accusing Bond of violating campaign finance laws in connection with his 2022 run for a U.S. House of Representatives seat. "Salame's petition is based on the (clearly false) allegation that he pleaded guilty because government representatives indicated that if he pleaded guilty, the government would stop investigating allegations that Bond conspired with Salame to commit criminal campaign finance violations," the document said.
Earlier news, court documents showed that former FTX executive Ryan Salame claimed that the US government went back on its plea agreement.