Whereas many crypto fraudsters had been capable of slip via the cracks up to now, the identical doesn’t maintain for FTX CEO Sam Bankman-Fried (SBF). Operating parallel to the continuing scrutiny associated to FTX frauds, america Division of Justice (DOJ) is reportedly investigating a possible fraud that entails SBF siphoning funds offshore simply days earlier than FTX filed for chapter.
In accordance to a Bloomberg report, the federal investigation goals to look at SBF’s involvement in improperly transferring FTX funds to the Bahamas as the defunct crypto change filed for chapter on Nov. 11.
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