FTX Bankruptcy Advisers Provided Customer Trading Data to FBI

FTX advisers have been giving federal law enforcement offices across the US information on customer accounts and records related to transactions on the failed crypto platform, court records show.

Company advisers have in recent months gathered FTX customer data in response to subpoenas from at least five FBI field offices, according to billing records from consultancy Alvarez & Marsal. Tasks included extracting information on specific customers’ trades, investigating accounts and sifting through cloud-computing data.

The disclosures are a reminder that an oft-touted feature of crypto trading — privacy — isn’t guaranteed, especially on centralized platforms like FTX.

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