“As more fully explained throughout this declaration, I am aware that FTX Trading, along with West Realm Shires Services Inc. dba FTX US (‘FTX US’), may be offering unregistered securities in the form of yield-bearing accounts to residents of the United States. These products appear similar to the yield-bearing depository accounts offered by Voyager Digital LTD et al., and the Enforcement Division is now investigating FTX Trading, FTX US, and their principals, including Sam Bankman-Fried,” Rotunda wrote.
Source: https://www.coindesk.com/policy/2022/10/17/crypto-exchange-ftx-us-under-investigation-by-texas-regulator-over-securities-allegations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines