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
A former official from Mayor Eric Adams' team has been arrested just a day after resigning. This person, Mohamed Bahi, is accused of some serious stuff. He's charged with trying to influence witnesses and hiding evidence in an ongoing investigation into Adams' 2021 campaign donations. Federal prosec
Laurene Powell Jobs and Reid Hoffman, prominent donors to the Democratic Party, are using their influence and money to shape policies that may not align with the best interests of average Americans. Despite their philanthropic efforts, like promoting women's economic empowerment, their agendas often
On Tuesday, one of the six people accused in a campaign finance scheme involving Mayor Eric Adams's contributors had their charges dismissed. Ronald Peek, 66, was part of a group indicted last July for allegedly funneling money to Adams's campaign through straw donors between 2020 and 2021. Manhatta
President Joe Biden's campaign cash is a hot topic. If he decides not to run again, Vice President Kamala Harris could take over the $91.2 million war chest. This was discussed during a tense call between Biden's campaign aides and donors. Biden's campaign manager, Julie Chavez Rodriguez, said
Local election funding, designed to prevent corruption, has instead become a goldmine for politicians and their teams. The system matches public funds with citizen donations at an 8-to-1 ratio, making it extremely lucrative. For example, a $250 donation can get up to $4,250 in matching funds! This s
Last week, an invitation for a fundraising event caused quite a stir. The event, "South Boston for Mayor Michelle Wu," was set to take place at Amrheins restaurant on West Broadway from 5:30 p.m. to 7:00 p.m. on Wednesday. It listed Gregory Lally as part of the host committee. But here's where thing
Last month, former President Trump’s campaign team gathered a whopping $160 million in donations. That’s a lot of money! The interesting part? Nearly all of it came from small contributions. We're talking about 96% of the total donations being under $200 each. That shows there are many people who be
The campaign finance landscape in Denver has taken a dramatic turn as two ballot initiatives seeking to ban slaughterhouses and new fur products from the city face allegations of finance irregularities. At the heart of the controversy lies Pro-Animal Future, the animal rights organization behind the
New York City Mayor Eric Adams has been hit with a federal indictment, accused of accepting bribes and illegal campaign contributions from foreign sources. The charges, which include bribery, conspiracy, and campaign finance violations, allegedly took place over a nearly decade-long period. Adams ha
