According to Bloomberg, the US Department of Justice has launched an investigation into a series of crypto transactions that Web3 analysts linked to disgraced crypto tycoon Sam Bankman-Fried (SBF).
Previously, analysts monitored the movement of funds that appear tied to digital wallets of the former CEO of the FTX exchange and Alameda Research, with a total estimated value of more than $1 million.
Source: Cryptocurrency - investing.com