Justice Department seeks independent probe of FTX's meltdown

to the company's trading firm Alameda Research. Bankman-Fried, who stepped down as CEO on November 11, said he should have appointed someone to oversee the co-mingling of funds between FTX and Alameda.

Those figures, combined with Ray's statement and the increased news coverage of the company's downfall"provide reasonable grounds to suspect that Bankman-Fried and others participated in actual fraud, dishonesty or criminal conduct in the management of" FTX, Vara wrote in the court document.

Why is this Crypto founder hiding out in the Bahamas? Just saw his interview with GStephanopoulos who had to go to the Bahamas to interview Him. My sympathy 4 the people who've lost it all by investing in Crypto. ENRON & Lehman Brothers live on due to lack of regulation .

A giant Ponzi scheme that should be declared illegal.

Allegations? How else does someone lose billions of dollars of someone else's money?

Don’t worry I’m sure he bribed enough members of congress to be free.

To all of you crypto investors, it's just a matter of time, until this imaginary currency is going, going, gone.

Fuel your Jet ready bro those donations didn't help

This guy's hair scares me.....that should be an arrest

All these Twitter lawyers have no clue how actual investigations work. They take time esp in fraud cases (you need to show specific intent with a mountain of evidence)

Let me guess.... they won't find any of American taxpayer billions given to Ukraine, and there appears to be no wrongdoing with Bankman-fried donation billions to Democrats.... nothing to see here, just the usual corrupt politicians.

2 hours after proof of the US Government, Joe Biden and Democrats successfully swayed a election by squashing a true story and not a word of it on CBSNews. This is WaterGate times ten. Then you wonder why no one trusts you….

He would be locked up already if he had donated 50 million to the Republican Party.

OMg !!!

Perp walk him

He reminds me of Marty and Wendy's son in Ozark.

SBF should be indicted for Fraud! No different than Bernie Madoff.

Don’t tell msnbc or RepMaxineWaters

DOJ is so quick. 🙄

The US Department of Justice is FAR from independent

I am sure that will go far

SBF is a froufr should be locked up

Let’s face facts. He should go to jail. And so should lots of democrats who took his (investors) money.

Excuse me but it’s “DEMOCRATS” who “CAUGHT” him and are “PROSECUTING” the boy.

Another Bernie Madoff.

Democrats above the law!

Sure. Whatever.

Very simple and profitable thanks.

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