.FTX_Official is now facing an investigation by the U.S. Department of Justice, according to a new report, deepening the beleaguered company's woes. nikhileshde reports
The U.S. Department of Justice is looking into crypto exchange FTX after its apparent collapse, the Wall Street Journal reported Wednesday.
State regulators were previously looking into FTX and whether it allowed U.S. customers to trade derivatives products without either FTX or FTX.US, its U.S. entity, registering with federal regulators. Binance announced Tuesday it would acquire FTX, but said Wednesday that it would not, citing concerns about FTX's books, which is an issue investigators may look into.
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