DOJ and SEC Investigating FTX Collapse as Crypto Market Plunges
A screenshot from the FTX ad featuring comedian Larry David that ran during the Super Bowl in February 2022.Screenshot: FTX / YouTubeThe Department of Justice and Securities and Exchange Commission are investigating FTX, a crypto platform that halted withdrawals on Tuesday, according to a new report from the Wall Street Journal. And while the SEC’s investigation has reportedly been going “for months,” the agency’s scrutiny has only expanded this week following the liquidity crisis at FTX, which has caused the entire!-->!-->…