U.S Fed Investigate Sam Bankman-Fried Over Terra Luna Collapse
Sam Bankman-Fried is being investigated by U.S. Federal prosecutors and SEC. An unexpected turn was revealed in Sam Bankman-Fried’s FTX disaster despite U.S. representatives summoning SBF to testify at a hearing on December 13, the House Committee on Financial Services.Federal prosecutors and the Securities and Exchange Commission (SEC) opened an investigation into whether the former FTX CEO manipulated the market’s past fall involving two interconnected currencies, TerraUSD and LUNA, to benefit the organizations he controlled, such as FTX exchange and Alameda Research, a trading company.This November report reveals that an $8 billion hole in the FTX balance sheet led Sam Bankman-Fried’s empire to collapse. After that FTX declared bankruptcy on November 11, and SBF left his position as CEO.
Source
https://t.me/Terra_Luna_Tron
