AI Defi Blog

Dec 30 (Reuters) - Federal district attorneys are considering a series of crypto deals that online analysts have connected to electronic budgets related to Sam Bankman-Fried, Bloomberg Information reported on Friday, pointing out a person acquainted with the matter.

Prosecutors from the Southern District of New York City (SDNY) are checking out whether Bankman-Fried, if he's making the deals, is just moving around his own assets or paying them out without approval, the record said.

A representative for the Manhattan U.S. attorney's office as well as an attorney for Bankman-Fried did not respond right away to Reuters requests for comment.

Bankman-Fried, the former ceo of bankrupt crypto exchange FTX, tweeted that he was not behind the transactions.

"I'm not and could not be moving any one of those funds; I do not have access to them anymore," he said.

Coverage by Niket Nishant in Bengaluru; Modifying by Shailesh Kuber

Our Criteria: The Thomson Reuters Trust Principles.