FTX bankruptcy judge to consider whether to approve independent investigation into FTX

According to Reuters, FTX bankruptcy judge John Dorsey will consider whether to approve an independent investigation of FTX. The U.S. Department of Justice’s bankruptcy watchdog previously urged John Dorsey to appoint an independent investigator, but FTX said the examiner would only duplicate work already done by FTX, creditors and law enforcement agencies and increase costs. FTX's committee of creditors has sided with FTX, saying the proposed investigation is redundant. State securities regulators in Texas, Vermont and Wisconsin backed the Justice Department's proposal, saying a neutral report would benefit creditors and clients.