According to TechFlow, Bloomberg reported that court records show that FTX consultants have been providing information about customer accounts and transaction-related records to federal law enforcement agencies across the United States.
In recent months, corporate counsel have collected FTX customer data pursuant to subpoenas from at least five FBI field offices, including extracting information on specific customer transactions, investigating accounts and sifting through cloud computing data, according to billing records provided by consulting firm Alvarez & Marsal.
What’s more, FTX’s customers will end up footing the bill for such assignments. Court records show that during July, August, and September, two consultants invoiced more than $21,000 for FBI-related assignments.
Alvarez & Marsal said in a court filing that it extracted transaction data "associated with specific device IDs" from FTX's cloud computing provider in September in response to a subpoena from the FBI's Philadelphia office. The firm said FTX uses Amazon's cloud services and stores private keys for billions of dollars in crypto assets on AWS security tools.
