Authorities regulating financial markets in the US have launched an investigation into cryptocurrency exchange FTX.
In investigations by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Contracts Commission (CFTC), FTX’s liquidity crisis under investigation.
According to information quoted by Bloomberg, the SEC is now closing its investigation into FTX. started months ago and about both the US arm of the exchange, FTX.US, and the lending activities did reviews about it.
Sister company of the stock exchange in addition to FTX of regulators in the USA Review also on Alameda Research reportedly did.
So far, neither the SEC nor the CFTC wing has made an official statement about the reported investigations.
Binance CEO Changpeng Zhao announced the other day that they agreed to buy FTX.