US prosecutor intervenes in FTX-linked case, suggests resolution without trial
The interim US Attorney for the Southern District of New York requested an exclusion so prosecutors and defense lawyers may discuss a “potential resolution” for Michelle Bond’s case.
Jay Clayton, the former chair of the US Securities and Exchange Commission and now interim US Attorney for the Southern District of New York (SDNY), has suggested that prosecutors and defense lawyers may explore a “potential resolution” in the criminal case involving Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame.
In a Thursday filing in the US District Court for SDNY, Clayton requested the judge overseeing Bond’s case exclude seven days under the Speedy Trial Act so the two sides could “engage in discussions regarding a potential resolution of the matter without the need for trial.”
The filing followed a similar request for a three-day delay by Bond’s lawyers. Judge George Daniels signed an order the same day, cancelling a previously scheduled conference on July 15 and ordering oral arguments for a motion to be heard on July 22.