Report: FTX probe expanding

Photo by: FTX
Photo by: FTX

(New York, NY) -- A new report says the probe into collapsed cryptocurrency firm FTX is expanding.

The New York Times says prosecutors have spoken with lawyers for former executives and employees. They've also spoken to those involved with Alameda Research.

That's the hedge fund Sam Bankman-Fried created. A special task force has also been formed to look into the collapse of the crypto firm.

Bankman-Fried is accused of stealing billions from customers since 2019.  He entered a not guilty plea in New York federal court last month.

Suggested

Photo by: FTX - Facebook
FTX CEO admits he "screwed up"
Mon, Dec 5th, 2022 - 7:14am
Photo by: FTX
Sam Bankman-Fried pleads not guilty in court
Fri, Mar 31st, 2023 - 8:00pm
Photo by: WDAY Radio Staff
SEC: FTX founder 'Built a House of Cards'
Tue, Dec 13th, 2022 - 8:11am
Photo by: WDAY Radio Staff
Cryptocurrency market loses 150 billion
Mon, Jun 13th, 2022 - 8:29am