Sam Bankman-Fried probed over Terra-LUNA crash: report
Federal prosecutors are reportedly investigating Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX.com, for possible market manipulation that led to the Terra-LUNA crash in May, according to the New York Times.U.S. prosecutors in Manhattan are examining the possibility of Bankman-Fried for manipulating the price of failed algorithmic stablecoin TerraUSD (UST) and its sister token LUNA, to benefit the two companies he founded, FTX and its brokerage arm, Alameda Research, two unnamed people familiar with the matter told the New York Times.The investigation is reportedly still in its early stages, and it’s still unclear whether the prosecutors have determined any wrongdoing from the embattled founder.
Source
https://t.me/Terra_Luna_Tron
