FTC Probes BitMart After $200M Theft at Crypto Exchange

Investigation Is Latest Evidence of Crypto Fraud Crackdown by Feds
A newly disclosed probe shows the Federal Trade Commission is investigating operators of BitMart, a cryptocurrency platform that lost $200 million of investor funds in one of the biggest crypto cyberattacks of 2021. The agency is scrutinizing the companies to see if they misled consumers.
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