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US Justice Department Looking Into FTX Turmoil During SEC Probe

Bloomberg business news

WATCH: Binance Walks Away From FTX Bailout

Source: Bloomberg

The Justice Department is looking into the turmoil surrounding Sam Bankman-Fried’s and the liquidity crisis that has pushed the firm to the brink, according to a person familiar with the matter. 

Officials from the Justice Department are working with Securities and Exchange Commission attorneys probing the matter, said the person. Representatives for the SEC and Justice Department declined to comment. A representative for FTX didn’t immediately return a request for comment on the Justice Department interest, which was first reported by the Wall Street Journal.