• SEC, CFTC reportedly probing FTX over dealing with of shoppers’ funds.
  • Investigations additionally relate to lending.
  • SEC probe reportedly predates Binance’s acquisition of FTX.

U.S. monetary regulators have apparently been actively following the carnage that’s ensued in cryptocurrency markets over the previous couple of days.

In response to a report by Bloomberg, folks accustomed to the matter mentioned the Securities and Alternate Fee and the Commodity Futures Buying and selling Fee are investigating the liquidity crunch at FTX that led to its non-U.S. operations being acquired by competitor Binance, the world’s largest change, on Tuesday.

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