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Feds launch FTX task force to recover victim assets, continue probes as Bankman-Fried pleads not guilty

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Sam Bankman-Fried trial set to start October 2nd

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said Tuesday it had created an FTX Task Force to trace and recover assets of victims of the cryptocurrency exchange firm’s collapse and to handle investigations and prosecutions related to the company and other entities.

The announcement came as FTX founder and former CEO Sam Bankman-Fried appeared in U.S. District Court in Manhattan to plead not guilty in his criminal case, where he is charged with…

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