Falling Stars: A Crypto Couple's Journey from Power to Prison
Potomac, MD, USAFri Oct 11 2024
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Once a powerful duo in the world of cryptocurrency, Ryan Salame and Michelle Bond are now facing serious legal troubles. Their story began when they met through their mutual connection to Sam Bankman-Fried, the founder of the now-collapsed FTX crypto exchange. Ryan, a top executive at FTX, was known for his political donations, while Michelle was a crypto policy advocate who even ran for Congress.
Their lives took a dramatic turn when FTX fell apart, revealing a massive $8 billion loss in customer savings. Ryan is set to start a 7. 5-year prison sentence for campaign finance fraud, while Michelle faces charges linked to the same crimes. Their luxurious lifestyle, including a $4 million house in Potomac, Maryland, has come crashing down. The couple, who still supports each other, is now trying to pick up the pieces of their shattered lives.
https://localnews.ai/article/falling-stars-a-crypto-couples-journey-from-power-to-prison-39c86eb7
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