Jay Clayton Intervenes In FTX-Linked Case, Suggests Resolution Without Trial - adtechsolutions

Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

Jay Clayton Intervenes In FTX-Linked Case, Suggests Resolution Without Trial


Jay Clayton, former chairman of the US Securities and Stock Exchange Commission, and now an interim US lawyer for the Southern History of New York (SDNY), has proposed that prosecutors and advocates can explore the “potential resolution” in criminal cases concerning Michelle Bond, the wife of the former CO-CEO Salame FTX.

On Thursday, the US District Court has asked Clayton that the judge is supervising the case of Bond for seven days under the rapid court proceedings so that both parties can “engage in discussions about the possible resolution of this matter without the need for court proceedings”.

The submission was followed by similar requests for a three -day Bond lawyers’ delay. Judge George Daniels signed Order on the same day, cancellation of previously scheduled conference on July 15 and ordering oral arguments to be heard on July 22.

“The government claims that the exclusion of time would serve the objectives of justice and outweigh the best public interest and the defendant in rapid court proceedings, as this would allow the parties to produce and review the discovery, consider potential draft practice and participate in discussions about possible resolution without court proceedings,” Clayton wrote.

Court, New York, court, crimes, ftx
Thursday letter Jay Clayton judge George Daniels. Source: sdny

Bond was charged with fees for financing the campaign in August 2024, which concerned its unsuccessful run for a place in the US House of Representatives in 2022. Her lawyers argued in the proposals that at least one of the accusations should be rejected, claim Within Salame’s Agreement.

Related: The chairman of the former SC, now heading SDNY, offers rebuke in the $ 12 million crypto -fraud case

Clayton’s letter was marked with one of the times twice the former SEC chairman hit in his temporary SDA leader in criminal case related to the crypt Since he was sworn in April. By August 20, it will be allowed to serve as a US provisional lawyer without confirmation of the Chamber or temporary prolongation of the court.

Many criminal cases of FTX already had its day in court

Bond’s husband, Salame, was sentenced to more than seven years in prison In May 2024, after an agreement on the plaintiff with prosecutors. Former FOORE CEO FTX Digital Markets was the only individual named in the same indictment as Sam Banman fried, which did not indicate in the former criminal proceedings of the former CEO of FTX in New York.