Federal prosecutors from Manhattan investigated for months the now-bankrupt cryptocurrency exchange FTX in connection with a 1970 law designed to prevent money laundering, but it is unclear whether the investigation concluded prior to the firm’s recent collapse amid a liquidity crisis, according to Bloomberg Monday, citing anonymous sources.

The FTX logo is seen on a computer in Atlanta, Ga., on Nov. 10, 2022. Michael M. Santiago/Getty Images
John Hugh DeMastri is a contributor to The Daily Caller News Foundation.
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