Reuters: The SEC is seeking detailed information on the due diligence of FTX investors, who may face regulatory scrutiny

ChainCatcher news, according to Reuters, the U.S. Securities and Exchange Commission (SEC) is seeking detailed information on the due diligence of FTX investors. Sources revealed that the SEC has inquired with several FTX investors and issued document requests, asking them to provide what due diligence policies and procedures were established when investing in FTX, whether these policies and procedures were followed, and whether the investors fulfilled their fiduciary duties.

As the related investigation has not been made public, sources declined to disclose the names of the venture capital firms being investigated by the SEC. Analysts believe that the initiation of this investigation by the SEC may indicate that venture capital firms and funds that invested in FTX will also face regulatory scrutiny, even if they may be potential victims of FTX's bankruptcy. (source link)