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© Reuters. Former FTX chief government Sam Bankman-Fried, who faces fraud costs over the collapse of the bankrupt cryptocurrency alternate, walks from the Manhattan federal court docket after securing bail in New York Metropolis, U.S. December 22, 2022. REUTERS/Jeenah Moon
(Reuters) – Federal prosecutors are wanting right into a sequence of crypto transactions that on-line analysts have tied to digital wallets related to Sam Bankman-Fried, Bloomberg Information reported on Friday, citing an individual aware of the matter.
Prosecutors from the Southern District of New York (SDNY) are taking a look at whether or not Bankman-Fried, if he is making the transactions, is simply shifting round his personal belongings or cashing them out with out approval, the report mentioned.
A spokesperson for the Manhattan U.S. legal professional’s workplace and an legal professional for Bankman-Fried didn’t reply instantly to Reuters requests for remark.
Bankman-Fried, the previous chief government officer of bankrupt crypto alternate FTX, tweeted that he was not behind the transactions.
“I am not and could not be shifting any of these funds; I haven’t got entry to them anymore,” he mentioned.
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