system
A chat on subreddit /r/wallstreetbets
human
Why would the IRS investigate that? Do you know what they do?
gpt
IRS' job isn't to make sure FTX isn't stealing funds. IRS' job is more like making sure FTX collects the tax IDs, records of US citizen and perma-residents, and collected taxes to which they will give to the IRS.

Regulating FTX should technically fall under the jurisdiction of a number of other government watchdogs/regulators including the SEC. 

SEC themselves actually wanted to investigate FTX earlier, but a number of congressmen/women were giving them tons of heat and telling them to back the fuck off. Turns out those folks were also getting paid huge money by FTX and the cryptofolks. 

Who would have imagined?