A federal judge has approved the creation of a special fund to finance subpoenas targeting the New York Federal Reserve, seeking documents tied to the collapsed cryptocurrency firm Radiant World. The move marks a significant step in legal efforts to uncover financial records and transactions linked to the company’s operations. Legal proceedings are expected to intensify as authorities investigate potential wrongdoing or regulatory violations. The decision underscores growing scrutiny over the cryptocurrency sector and its oversight by financial institutions.
US judge authorizes fund to subpoena New York Fed for documents related to Radiant World Reuters