
U.S. Prosecutors Investigate Sam Bankman-Fried’s Role in Terra/Luna Collapse!
According to the New York Times, federal prosecutors in the U.S. are investigating whether FTX’s founder, Sam Bankman-Fried (SBF), manipulated the market for TerraUSD and Luna this past spring, leading to their collapse and created a domino effect that eventually caused the implosion of his own cryptocurrency exchange last month. In a statement, SBF said he was “not aware of any market manipulation and certainly never intended to engage in market manipulation.”