11-12-2022, 05:57 AM
![](https://i.imgur.com/CLvY2jA.png")
Wow! Did SBF manipulate and cause downfall of Luna & Terra for own gain?
11-12-2022, 05:58 AM
U.S. federal prosecutors are investigating whether FTX's founder Sam Bankman-Fried manipulated the market for two cryptocurrencies this May that led to their collapse and resulted in the implosion of his own cryptocurrency exchange, the New York Times reported on Wednesday.
The prosecutors are looking into whether Bankman-Fried controlled the prices of two interlinked currencies, TerraUsd and Luna, to benefit the entities he controlled including FTX and Alameda Research, the report said.
The prosecutors are looking into whether Bankman-Fried controlled the prices of two interlinked currencies, TerraUsd and Luna, to benefit the entities he controlled including FTX and Alameda Research, the report said.
« Next Oldest | Next Newest »
Users browsing this thread: 1 Guest(s)
