According to Coindesk, U.S. California's Department of Financial Protection and Innovation announced it was investigating FTX late Thursday. The regulator did not provide much detail in a press release, only saying it was "investigating the apparent failure of crypto asset platform FTX." A spokesperson declined to comment further. The regulator asked affected persons to contact it to file a complaint. FTX is not a registered money transmitter in the state, according to a search of the DFPI's database.