US Is Said to Examine Crypto Wallets Linked to Sam Bankman-Fried

Federal prosecutors are looking into a series of crypto transactions that online analysts have tied to digital wallets associated with disgraced crypto mogul Sam Bankman-Fried, according to a person familiar with the matter.

Blockchain analysts over the last several days have been tracking the movement of funds — estimated to be more than $1 million by data tracker Arkham Intelligence — that appear to be tied to digital wallets associated with the former chief executive of the FTX exchange and his defunct hedge fund Alameda Research. Bankman-Fried has said he has about $100,000 left in his bank account after being proclaimed earlier as a billionaire.