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As per the reports, FTX has repelled the US DOJ’s request for an independent investigation into the collapse.
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FTX cited the reason saying it has already launched an extensive investigation, including against the family of former FTX CEO Sam Bankman-Fried.
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In the court filing, FTX said that the DOJ's proposed review would only result in increased expenditures and delays for the bankruptcy process.
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FTX has admitted to \"fraud, dishonesty, incompetence, misconduct, mismanagement, and misconduct\" in its prior actions.
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However, it asserted that its new management, creditors, and law enforcement authorities are already looking into it
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FTX has asked Judge John Dorsey to help it secure documents from SBF and others with information about FTX transactions that used misappropriated and stolen funds.
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FTX is also searching for information on political contributions related to SBF.
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