Bankruptcy advisers have handed over customer data of crypto exchange FTX to the United States Federal Bureau of Investigation (FBI).
Several FBI offices, including those in Philadelphia and Oakland, received client transaction information, counsel Alvarez and Marsal's documents show. Bloomberg first reported the news.
The documents show the feds filed a request to “audit all transactions and customer accounts” to verify the information. But court records released yesterday do not detail how much information federal agents obtained.
Customer privacy has been a hot topic since last year's FTX collapse. Lawyers have repeatedly blocked trials, including from major news outlets. New York Times And Dow Jones and Company– To describe the name of the customer.
they He argued The downside is that former customers of the crypto platform are vulnerable to fraud and identity theft if their names are revealed.
FTX He fell quickly Last November – sending shock waves Already beaten crypto industry.
The founder and former boss of the crypto brand was Sam Bankman-Fried. caught up A month after the exchange collapsed and prosecutors he said. He mismanaged the exchange and lost billions in client money in the process.
And the prosecutors were right: the judges Found on Thursday Bankman-Fried pleaded guilty to seven felony charges — including fraud and money laundering.
FTX was one of the most recognizable brands in the space and Bankman-Fried even collaborated with politicians, celebrities and more. Donated to Democrats and Republicans To try and influence crypto policy.
But it was all a front to eventually get rich, prosecutors say, and his brand quickly and unexpectedly crumbled as he and his team took on the digital property behemoth.
Edited by Andrew Hayward.
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