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Sam Bankman-Fried faces possible U.S. trip for questioning over FTX collapse - Bloomberg

Reuters · 11/15/2022 16:16
Sam Bankman-Fried faces possible U.S. trip for questioning over FTX collapse - Bloomberg


- American and Bahamian authorities are discussing the possibility of bringing FTX founder Sam Bankman-Fried to the United States for questioning, Bloomberg News reported on Tuesday, citing three people familiar with the matter.

SBF's collapsed crypto exchange FTX, which filed for bankruptcy in the United States last week, has fanned fears about the future of the crypto industry after it outlined a "severe liquidity crisis".

Since then regulators have opened investigations and lawmakers have called for clearer rules on how the industry operates.

Several crypto firms have also been bracing for a fallout of the FTX collapse with several counting their exposure in millions to the beleaguered exchange.

A spokesperson for the Manhattan U.S. Attorney's office declined to comment on the matter. FTX did immediately respond to a Reuters request for comment.


(Reporting by Manya Saini in Bengaluru; Editing by Maju Samuel)

((Manya.Saini@thomsonreuters.com;))