Insider: U.S. Attorneys Investigating Whether SBF, Others Improperly Transferred Hundreds of Millions to Bahamas

According to Bloomberg, citing sources, U.S. prosecutors are investigating potential fraud by FTX founder Sam Bankman-Fried (SBF) and others involved in the FTX collapse Whether hundreds of millions of dollars were improperly transferred to the Bahamas when filing for bankruptcy. Sources said that U.S. Justice Department officials have begun a comprehensive investigation into how FTX handles customers' cash and assets, met with court-appointed monitors this week to discuss the materials they collected, and are also delving into whether FTX illegally transferred funds to Alameda Research. Foresight News previously reported that people familiar with the matter disclosed that U.S. prosecutors were investigating whether SBF had manipulated the UST and LUNA markets.