Bloomberg: U.S. federal prosecutors had launched an investigation into FTX months before its collapse

ChainCatcher news, citing sources from Bloomberg, states that months before FTX filed for bankruptcy protection, the U.S. Attorney's Office for the Southern District of New York had been investigating whether the exchange complied with the Bank Secrecy Act. This investigation targets cryptocurrency platforms with branches in the U.S. and overseas, including FTX's Bahamian entity.

FTX is currently facing additional investigations from the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the U.S. Department of Justice. The U.S. House Financial Services Committee also announced last week that it will hold hearings on the FTX collapse and its impact on the broader digital asset industry. (Bloomberg)