Reports: FTX probed by N.Y. prosecutors for months before crash

WASHINGTON, DC - DECEMBER 08: CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill December 8, 2021 in Washington, DC. The committee held a hearing on "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States." (Photo by Alex Wong/Getty Images)CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill December 8, 2021 in Washington, DC. (Photo by Alex Wong/Getty Images)

OAN Newsroom
UPDATED 2:10 PM PT – Tuesday, November 22, 2022

New York prosecutors have been reportedly investigating crypto exchange FTX for several months prior to its collapse.

According to Bloomberg News on Monday, the U.S. Attorney’s office for the Southern District of New York has been conducting an in-depth scrutiny of FTX business for several months. Federal prosecutors in Manhattan were aware of Sam Bankman Fried’s FTX cryptocurrency company long before it fell apart last month.

The probe is being led by U.S. Attorney for the Southern District of New York, Damian Williams. He is focusing on FTX transactions both in the United States and on offshore jurisdictions.

According to the source, reports have revealed that the collapsed exchange had business dealings with the Ukraine Government. FTX Chief Executive Officer, Sam Bankman Fried, was the second largest Democrat donor in the midterm election cycle. The report also suggested that New York prosecutors may have evidence of questionable dealings by FTX.

Republicans in the House are grilling Secretary of State Antony Blinken about their worries that possible unlawful investments in the FTX trading limited may have been made using military aid to Ukraine.

Rep. Comer aims to hold Biden admin. accountable for border crisis

Committee ranking member Rep. James Comer (R-KY) attends a House Oversight Committee hearing titled Examining the Practices and Profits of Gun Manufacturers in the Rayburn House Office Building on Capitol Hill July 27, 2022 in Washington, DC. According to an investigation by the House Committee on Oversight and Reform, major gun manufacturers have made over $1 billion in the last decade selling military-style assault weapons. Smith & Wesson CEO Mark Smith was also invited to testify, but did not attend. (Photo by Drew Angerer/Getty Images)Committee ranking member Rep. James Comer (R-KY) attends a House Oversight Committee hearing titled Examining the Practices and Profits of Gun Manufacturers in the Rayburn House Office Building on Capitol Hill July 27, 2022 in Washington, DC. (Photo by Drew Angerer/Getty Images)

OAN Newsroom
UPDATED 1:15 PM PT – Tuesday, November 22, 2022

GOP Congressman James Comer is putting top Biden administration officials on notice regarding the ongoing crisis at the southern border.

🚨Biden Administration officials will be held accountable for the worst Border Crisis in U.S. history.@GOPoversight expects answers from @DHSgov, @HHSGov, @DEAHQ, & the White House Office of National Drug Control Policy. https://t.co/hTXs2WZk9A

— Rep. James Comer (@RepJamesComer) November 21, 2022

This comes as, Republicans are set to retake the House in the next Congress after Trump-endorsed Kevin Kiley (R-Calif.) won a House seat. His victory increased the GOP’s House majority to 218, the number required for a majority in the lower chamber.

Congressman James Comer (R-Ky.), of the House Committee on Oversight and Reform, joined Representatives Andy Biggs (R-Ariz.) and Yvette Herrell (R-N.M.) on a trip to Yuma to see first-hand the illegal immigration crisis along the southern border. https://t.co/qWqcvYL0R8 pic.twitter.com/lj1u2ybfSQ

— James Gilbert (@YSJamesGilbert) April 13, 2022

On Tuesday, Comer (R-Ky.) fired off letters to DHS Secretary Alejandro Mayorkas, HHS Chief Xavier Becerra and as well as to two others. There, he demand information about the administration’s policies. Comer discussed the matter in a written statement to The Daily Mail.

“Oversight Republicans are investigating the domestic and international business dealings of President Biden’s son, Hunter Biden, and other Biden associates and family members to determine whether these activities compromise U.S. national security and President Biden’s ability to lead with impartiality,” Comer wrote. “Hunter and other members of the Biden family have a pattern of peddling access to the highest levels of government to enrich themselves. The American people deserve to know whether the president’s connections to his family’s business deals occurred at the expense of American interests and whether they represent a national security threat.”

Comer, who is expected to become the House Oversight Committee Chairman, contended that the administration’s policies have fueled the illegal immigration and fentanyl crisis as well as the mismanagement of taxpayer dollars.

🚨Must Watch🚨@GOPoversight will be relentless in our pursuit to hold Biden Administration officials accountable for this ongoing humanitarian, national security, and public health crisis at the U.S. border.

We expect @DHSgov, @HHSGov, @DEAHQ, & @ONDCP to cooperate.@FoxNews pic.twitter.com/QkpRcaksm7

— Rep. James Comer (@RepJamesComer) November 22, 2022

He pointed out that Oversight Republicans will be relentless in their pursuit to hold Biden administration officials accountable.