Whereas many crypto scammers have been capable of slip by the cracks up to now, the identical can't be stated for FTX CEO Sam Bankman-Fried (SBF). In parallel with the continuing investigation associated to FTX scams, the US Division of Justice (DOJ) is reportedly investigating a possible rip-off involving SBF siphoning off funds simply days earlier than FTX's chapter.
To Based on a Bloomberg report, the federal probe goals to probe SBF's involvement within the improper switch of FTX funds to the Bahamas when the defunct crypto alternate filed for chapter on Nov. 11.
The nameless whistleblower additional revealed that DOJ officers met with court-appointed supervisors of FTX to debate the scope of knowledge they want for additional investigations. The DOJ additionally plans to research whether or not SBF improperly transferred FTX funds to Alameda Analysis.
Given SBF's robust ties to US politics, the scammer has not but been charged with against the law and continues to take part in Twitter discussions from undisclosed areas. On Dec. 9, SBF accused Binance CEO Changpeng “CZ” Zhao of mendacity and pulling out of a last-minute deal that might save FTX.
The duel between the CEOs, CZ and SBF. Supply: Twitter
Based on CZ, SBF was "unhinged" when the alternate pulled out - a declare that prompted an internet response from the previous FTX CEO.
Associated: FTX is reportedly getting three extra months to halt all operations in Japan
Based on the Monetary Instances, a failed $100 million deal allowed pop star Taylor Swift to stroll away unaffiliated with FTX.
Taylor was in talks with FTX a few sponsorship deal that might have made her one of many faces representing the failed crypto exchanges. Whereas the musician initially didn't signal the contract for price causes, FTX's chapter lastly ended the dialogue.
