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US Justice Department Wants FTX Fraud Allegations To Be Investigated

US Justice Department Wants FTX Fraud Allegations to Be Investigated

The U.S. Department of Justice wants an independent examination of the collapse of crypto exchange giant FTX, a court filing from Thursday shows.

The DOJ, which was already looking into the fall of Sam Bankman-Fried's global crypto enterprise, now wants a bankruptcy court to appoint an independent examiner to probe potential wrongdoing that may have led to the collapse, which ended in a bankruptcy filing on Nov. 11.

(By Camomile Shumba)

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