Three former close associates testified as prosecution witnesses that Bankman-Fried had directed them to use FTX customer funds to plug losses at Alameda Research
Food Minister Qamrul Islam has ordered district controllers (DC Food) and regional controllers (RC Food) to take legal measures against any trader who has not obtained a license by then.
The government has also made it mandatory for traders to report on their stocks every 15 days.
“Food officials were not previously aware of the need to collect stock reports due to ignorance, or other reasons,” the food minister said.