Bankruptcy advisors to collapsed crypto exchange FTX have passed customer information to the US Federal Bureau of Investigation (FBI), according to court records. FBI offices in Philadelphia and Oakland have received client transaction data, with the news first reported by Bloomberg. The records do not reveal how much data the federal agents received. Lawyers have been trying to prevent customer names from being revealed, as this could make them vulnerable to scams and identity theft. FTX collapsed last November, and its co-founder and ex-boss Sam Bankman-Fried was arrested a month later and found guilty of seven criminal charges on Thursday, including fraud and money laundering. It was revealed that Bankman-Fried was using the platform to get rich, and the brand went bust due to criminal mismanagement. Edited by Andrew Hayward.

#Cryptocurrency #FTX #FBI #SamBankmanFried #CryptoExchange

You can read more about this topic here: Decrypt: FTX Is Handing Over Customer Crypto Trading Data to the FBI

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