The FTC is investigating crypto firms for possible misconduct following FTX collapse

FTX logo Illustration: The Verge

The Federal Trade Commission is investigating multiple crypto companies over allegations of deceptive conduct, as first reported by Bloomberg on Monday.

“While we can’t comment on current events in the crypto markets or the details of any ongoing investigations, we are investigating several firms for possible misconduct concerning digital assets,” an FTC spokesperson said in a statement to The Verge Tuesday. “We cannot comment on the nature of the investigations.”

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