U.S. regulators ask crypt investors to hand over info on FTX

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U.S. regulators ask crypt investors to hand over info on FTX

Reuters-U.S. authorities are asking crypt investors and trading firms who worked closely with FTX to hand over information about the company and its key figures, including Sam Bankman-Fried and Caroline Ellison, according to Bloomberg News on Thursday.

The report said people familiar with the case told the U.S. Attorney's Office for the Southern District of New York that recipients were asked to hand over information on a list of FTX employees and associates.

The report said that attorneys from the U.S. Securities and Exchange Commission's enforcement division sent similar requests for information about companies that have invested in or traded on FTX.

The report says that the regulators are trying to get a better sense of what FTX representatives told investors and whether any misrepresentations were made that would violate securities laws.

The bankruptcy watchdog at the U.S. Department of Justice called for an independent investigation into the collapse of FTX.

The House Financial Services Committee is set to hold the first in a series of meetings on December 13 and will examine FTX's downfall in several congressional hearings this month.

In a U.S. court filing last month, newly-appointed FTX CEO John Ray said there was flawed regulatory oversight and lack of corporate control of the bankrupt criptocurrency exchange founded by Sam Bankman- Fried.

The U.S. Attorney's Office for Caroline Ellison, SEC, FTX and SDNY did not respond to Reuters requests for comment. Bankman- Fried was not immediately reached.