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

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

November 16, 2022No Comments1 Min Read
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Nov 15 (Reuters) – American and Bahamian authorities are discussing the potential for bringing FTX founder Sam Bankman-Fried to the US for questioning, Bloomberg Information reported on Tuesday, citing three folks aware of the matter.

SBF’s collapsed crypto change FTX, which filed for chapter in the US final week, has fanned fears about the way forward for the crypto trade after it outlined a “extreme liquidity disaster”.

Since then regulators have opened investigations and lawmakers have referred to as for clearer guidelines on how the trade operates.

A number of crypto corporations have additionally been bracing for a fallout of the FTX collapse with a number of counting their publicity in tens of millions to the beleaguered change.

A spokesperson for the Manhattan U.S. Legal professional’s workplace declined to touch upon the matter. FTX didn’t instantly reply to a Reuters request for remark.

Reporting by Manya Saini in Bengaluru; Modifying by Maju Samuel

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