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New York Times

Federal prosecutors in Manhattan are speaking with lawyers for former officials at the collapsed crypto exchange FTX and scrutinizing the immediate family of its founder, Sam Bankman-Fried. [...]

The move followed the disgraced cryptocurrency executive’s attempt to contact a potential witness in his criminal case, prosecutors said. [...]

The disclosure was the most salient sign of financial strain yet for the beleaguered retailer, which is exploring a possible bankruptcy filing. [...]

After the collapse of FTX, prosecutors and lawyers have scrutinized its discredited founder’s huge investment in Modulo Capital. [...]

Sullivan & Cromwell was under attack for a potential conflict of interest tied to its work for the crypto exchange before the bankruptcy. [...]