Crypto Lobbyist Charged With Breaking Campaign Finance Rules

A former industry lobbyist was charged with campaign finance fraud. The charge is connected to the collapse of a crypto exchange. The lobbyist, identified as Michelle Bond, is accused of violating campaign finance laws in 2022 during her bid for Congress. It is alleged that Bond received a $400,000 payment orchestrated by her boyfriend, an executive at the exchange. Bond’s boyfriend had previously pleaded guilty to a campaign finance charge. The charges indicate that the legal consequences of the exchange’s collapse are ongoing. Its executives were previously scrutinized for political donations. The exchange’s founder was convicted of fraud and sentenced to prison.