New data shows that the Federal Bureau of Investigation (FBI) collected transaction data from FTX customers while the troubled crypto exchange was going through its bankruptcy proceedings.
According to new billing documents from consulting group Alvarez and Marshal, FTX consultants collected transaction data to comply with subpoenas from at least five different FBI field offices.
Bloomberg reports that the federal agency has been scouring cloud data, examining accounts and gathering information about specific users’ transactions. However, the billing information does not fully detail the FBI investigation.
According to Bloomberg, Alvarez and Marshal said they had retrieved data from FTX’s Amazon cloud computing services — which hold the private keys to billions of dollars of crypto assets — in September in response to a request from the FBI’s Philadelphia office.
In addition, the consultancy said it also responded to requests from FBI offices in Oakland and Portland, examining customer accounts for the former in July and extracting customer information related to specific transactions for the latter in August.
Other FBI bases that have issued subpoenas include the field offices in Cleveland and Minneapolis.
Yesterday, disgraced FTX founder Sam Bankman-Fried was found guilty of seven charges stemming from the crypto exchange’s demise. Bankman-Fried was convicted of numerous counts of fraud, mishandling billions of dollars in FTX customer funds and conspiracy to commit money laundering.
He will be sentenced early next year and faces more than 100 years behind bars.
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