FTX News Today Thursday February 9, 2023

FTX News Today Thursday February 9, 2023 can be accessed below 

[1]. FTX is currently making efforts to recover political donations made by its executives until February 28

FTX’s new management seeking to recover political donations made by Sam Bankman-Fried and other FTX executives have set a deadline of the end of the month, according to a Feb. 5 statement.

Read More:  FTX Seeks To Claw Back Political Donations By The End Of February.

[2]. U.S. prosecutors are now scrutinizing a growing array of people tied to Sam Bankman-Fried’s collapsed cryptocurrency empire, including his father, his brother and former colleagues, as part of a rapidly expanding investigation into one of the biggest American financial crime cases in more than a decade, according to 13 people with knowledge of the inquiry.

The U.S. attorney’s office in Manhattan has created a special task force to pursue its investigation into the collapse of FTX, the crypto exchange founded by Mr. Bankman-Fried.

Read More: FTX Inquiry Expands as Prosecutors Reach Out to Former Executives

[3], Meanwhile, FTX Japan is planning to begin returning customer assets from February next year which will involve customers opening Liquid Japan accounts and checking their balances. The company is also looking to sell four of its independent solvent subsidiaries in the U.S., Japan, and Europe.

The Japanese subsidiary of the now-bankrupt crypto exchange FTX is looking to begin returning customer assets from February next year, the company said in a statement Thursday.

FTX Japan said it is developing systems to enable its customers to withdraw their assets via Liquid Japan, a crypto trading platform acquired by FTX Trading Ltd in an undisclosed deal this spring.

Read More: FTX Japan to Refund Customers Starting February 2023