The New York Occasions with the report (gated):
-
Federal prosecutors are investigating whether or not FTX’s founder, Sam
Bankman-Fried, manipulated the marketplace for two cryptocurrencies this
previous spring, resulting in their collapse and making a domino impact
that ultimately prompted the implosion of his personal cryptocurrency
alternate final month, in line with two individuals with data of the
matter. - manipulating the costs of TerraUSD and Luna,
to profit the entities he managed, together with FTX and Alameda
Analysis, a hedge fund he co-founded and owned, the individuals mentioned. - The investigation is
in its early levels, and it isn’t clear whether or not prosecutors have
decided any wrongdoing by Mr. Bankman-Fried
—
SBF has denied wrongdoing within the collapse, he’ll prone to the identical on this I think about.
The resemblance is uncanny.
