U.S. prosecutors are investigating whether SBF manipulated the UST and LUNA markets

ChainCatcher news, according to a report by The New York Times citing sources, U.S. federal prosecutors are investigating whether SBF manipulated the markets for UST and LUNA to benefit entities under his control, including FTX and Alameda Research.

Sources revealed that the investigation is in its early stages, and it is currently unclear whether prosecutors have determined that SBF engaged in any wrongdoing or when they began focusing on the trading of UST and LUNA. (The New York Times)