The FTX investigation widens as prosecutors contact former executives
Join Our Telegram channel to stay up to date on breaking news coverage According to a dozen people with knowledge of the investigation, federal prosecutors are closely looking at an expanding number of individuals connected to Sam Bankman-Fried‘s dismantled cryptocurrency empire, including his father, brother, and former coworkers. The investigation is one of the largest financial crime cases to be investigated in the United States in more than a decade. A special task force has been established by the Manhattan office of the U.S. attorney to carry out the inquiry into the demise of FTX, the crypto exchange Bankman-Fried founded. More than a dozen prosecutors are constructing the criminal case and locating the billions of dollars in client funds that Bankman-Fried is accused of misappropriating, under the direction of Damian Williams, the U.S. attorney for the Southern District of New York. According to several sources with knowledge of the investigation, prosecutors ha...