Manhattan US Attorney's Office Opens Probe Into FTX Collapse: Reuters

The investigation is one of several probes into the now-bankrupt company's operations.

AccessTimeIconNov 14, 2022 at 4:01 p.m. UTC
Updated Nov 14, 2022 at 4:25 p.m. UTC

Prosecutors working with the Department of Justice’s Southern District of New York have launched a probe into implosion of crypto exchange FTX, a source told Reuters Monday.

Over the weekend, the Financial Crimes Investigation Branch of Bahamas announced a criminal investigation of FTX.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

CoinDesk - Unknown

Elizabeth Napolitano is a news reporter at CoinDesk.


Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


Read more about