seach-icon
  • user-img

    QONEQT in "FTX Token "

    15-Nov-2022 06:39 AM


    thumbnail

    Manhattan District Attorney’s Office probes FTX collapse: Report

    Prosecutors with the United States attorney’s office in the Manhattan district of New York have reportedly begun investigating the fall of crypto exchange FTX.
    The ongoing saga with FTX may be shifting to the regulatory and legal implications of a major crypto exchange collapsing.
    So either the collapse of FTX and SBF's was -- checks notes -- an inevitable result of a speculative bubble managed by 20-something douchebro tech kids -- or a sophisticated global money laundering operation masterminded by -- checks notes -- Joe Biden.
    The country’s securities regulator also ordered FTX’s assets frozen on Nov. 10, and the exchange was reportedly under investigation for criminal misconduct over its insolvency.
    Related: FTX’s ongoing saga: Everything that’s happened until now Bankman-Fried, also known as SBF, has lost his status as a billionaire following the controversy, with many reports suggesting the former FTX CEO’s net worth may have fallen more than 90%.

    Source - Coin Telegraph

    #ftx