FTX Hires Forensic Team to Probe Money Trail

Dec 08,2022
KingData News: FTX’s new management has hired a team of forensic investigators from advisory firm AlixPartners to help track the billions of dollars that have gone missing from the failed cryptocurrency exchange, people familiar with the matter said. The AlixPartners team is led by Matt Jacques, a former chief accountant for the Securities and Exchange Commission’s enforcement division, people familiar with the matter said. Mr. Jacques didn’t respond to a request for comment.
A financial document disclosed in the media indicates that SBF's Alameda Research has a capital debt situation, with nearly half of its holdings related to FTT and Solana. On November 6, 2022, CZ stated that due to recent revelations, Binance will sell all FTT on its books. This indicator broadcasts updates on FTX-related events.
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