US examining crypto wallets linked to FTX's Bankman-Fried
Technology
US examining crypto wallets linked to FTX's Bankman-Fried
(Reuters) - Federal prosecutors are looking into a series of crypto transactions that online analysts have tied to digital wallets associated with Sam Bankman-Fried, Bloomberg News reported on Friday, citing a person familiar with the matter.
Prosecutors from the Southern District of New York (SDNY) are looking at whether Bankman-Fried, if he s making the transactions, is just moving around his own assets or cashing them out without approval, the report said.
A spokesperson for the Manhattan U.S. attorney s office and an attorney for Bankman-Fried did not respond immediately to Reuters requests for comment.
Bankman-Fried, the former chief executive officer of bankrupt crypto exchange FTX, tweeted that he was not behind the transactions.
"I m not and couldn t be moving any of those funds; I don t have access to them anymore," he said.
