US examining crypto wallets linked to FTX’s Bankman-Fried

Federal prosecutors are looking into a series of crypto transactions that online analysts have tied to digital wallets associated with Sam Bankman-Fried, Bloomberg News reported, citing a person familiar with the matter.

Prosecutors from the Southern District of New York (SDNY) are looking at whether Bankman-Fried, if he s making the transactions, is just moving around his own assets or cashing them out without approval, the report said. 

A spokesperson for the Manhattan U.S. attorney s office and an attorney for Bankman-Fried did not respond immediately to Reuters requests for comment.

Read more: FTX Japan to return assets to clients from February

Bankman-Fried, the former chief executive officer of bankrupt crypto exchange FTX, tweeted that he was not behind the transactions.

“I m not and couldn’t be moving any of those funds; I don t have access to them anymore,” he said.