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Midweek Roundup: FTX Investigations Commence, OFAC Targets Russia’s Western Enablers, and More

The collapse of global cryptocurrency exchange FTX has sparked dozens of investigations across the world amid allegations of fraud and mismanagement at the company and potential claims from more than a million creditors, the Financial Times reported. More An attack on FTX's digital wallets after the exchange filed for bankruptcy appears to have netted the hacker or hackers hundreds of millions of dollars of cryptocurrency, which they then laundered through a series of "chain hopping" maneuvers, Decrypt reported. More Nikhil Rathi, head of the U.K. Financial Conduct Authority, called on British lawmakers to show support for the regulator's decision to...

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