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SEC Investigating FTX Investors’ Due Diligence: Reuters

The securities regulator is looking at whether financiers did their homework before investing in a crypto exchange that has since been accused of sloppy governance.

FTX co-founder Sam Bankman-Fried is escorted out of the Magistrate's Court on Dec. 21, 2022 in Nassau, Bahamas. (Joe Raedle/Getty Images)
FTX co-founder Sam Bankman-Fried is escorted out of the Magistrate's Court on Dec. 21, 2022 in Nassau, Bahamas. (Joe Raedle/Getty Images)