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FTX Collapse Probed by Federal Prosecutors in Manhattan

  • Investigators trying to find why exhange collapsed so quickly
  • SEC also probing implosion of Bahama-registered exchange
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The stunning collapse of the cryptocurrency platform FTX is being investigated by federal prosecutors in Manhattan, people familiar with the probe said.

The US Attorney’s Office for the Southern District of New York is examining the circumstances surrounding FTX’s demise, the people said, asking not to be identified because the probe hasn’t been announced publicly.