Former FTX executive Ryan Salame has recently decided to withdraw his petition to dismiss the indictment against Michelle Bond. This decision comes just days before a critical court hearing, creating significant speculation about the motives behind it.
Salame’s legal team informed Judge Lewis A. Kaplan of the Southern District of New York that the petition would be withdrawn “without prejudice.” The petition, originally filed on Aug. 21, sought a writ of error coram nobis or, alternatively, a writ of audita querela. Salame argued that his guilty plea was made under the false belief that prosecutors would not pursue further action against Bond.
The government’s response to Salame’s petition was clear and direct. They labeled his claims as “demonstrably false” and emphasized that the investigation into Bond’s activities was ongoing and separate from the charges Salame faced.
Salame’s legal team decided to withdraw the petition as a tactical move. They clarified that this decision was not driven by dissatisfaction with Salame’s sentence but rather by the impending indictment against Bond. By withdrawing the petition, Salame aims to allow Bond to address the matter in her own legal proceedings independently.
This withdrawal marks a strategic shift in Salame’s approach. The defense team highlighted that the issues raised in the petition would be more relevant in Bond’s case, where they could directly impact the outcome. The decision to withdraw the petition clears the way for Bond’s case to proceed without the complications that Salame’s petition might have introduced.
Ryan Salame’s decision to withdraw his petition to dismiss the indictment against Michelle Bond appears to be a strategic move aimed at ensuring that the issues raised in the petition are appropriately addressed in Bond’s case. This decision reflects a calculated approach to the legal proceedings and highlights Salame’s willingness to cooperate with the legal process.
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