Authorities in multiple jurisdictions are questioning Binance over the international crypto exchange's role in the downfall of FTX. The inquiries come on top of ongoing investigations into FTX itself by U.S. law enforcement and regulators. Binance's acknowledgment of the inquiries comes in response to criticism from UK MPs over an alleged lack of information provided to a parliamentary committee on that exact topic.

A company spokesperson claimed more details could not be provided: “As explained to the Treasury Select Committee, we are unable to share any documentation in relation to FTX beyond the factual information we provided because the matter is subject to ongoing inquiries by regulatory authorities in a number of jurisdictions, with whom we are cooperating and sharing information on a strictly confidential basis”.