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U.S. prosecutors in New York investigate FTX downfall - source

Source: Reuters

Nov 14 (Reuters) - U.S. prosecutors in New York are probing FTX's collapse, a source with knowledge of the investigations said on Monday, after the crypto exchange filed for bankruptcy protection last week following a rush of customer withdrawals.The downfall followed a failed rescue deal with rival exchange Binance, with FTX now facing scrutiny from U.S. regulators over its handling of customer funds, as well as…

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Read the original source at Reuters