Disgraced Bankman-Fried Crypto Wallets Now Targeted By Federal | Crypto ▪︎ Bitcoin ▪︎ Trading ▪︎ News
Disgraced Bankman-Fried Crypto Wallets Now Targeted By Federal Prosecutors
According to Bloomberg News, citing a person familiar with the situation, federal prosecutors are looking into a number of cryptocurrency transactions that web analysts have connected to digital wallets linked to disgraced crypto tycoon Sam Bankman-Fried. Blockchain experts have been monitoring the movement of funds over the past few days that appear to be tied to digital wallets connected to the former CEO of the FTX exchange and his shuttered hedge fund Alameda Research, with a total estimated value of more than $1 million by data tracker Arkham Intelligence. After being declared a billionaire earlier, Bankman-Fried claims he still has roughly $100,000 in his bank account.
