US lawmakers want answers from FTX's Sam Bankman-Fried | CNN Business

Lawmakers are demanding that Sam Bankman-Fried, the founder of the failed crypto exchange FTX, appear before the Senate Banking Committee next week over “significant unanswered questions ” surrounding the collapse of his companies. In a letter to Bankman-Fried and his lawyer, the committee’s Democratic chairman, Sen. Sherrod Brown of Ohio, and Republican Sen.

Elizabeth Warren of Massachusetts and Tina Smith of Minnesota, both Democrats, sent letters to three regulators – the Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency – asking them to assess the traditional banking system’s exposure to turmoil in the crypto space, a largely unregulated, parallel financial system. “Crypto firms may have closer ties to the banking system than previously understood,” Warren and Smith wrote.

I think that on the national level we need to write of this twat. Those who lost money can go after him.

“Failed crypto exchange “

We should make a trade with Russia.

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FTX founder Sam Bankman-Fried is said to face market manipulation inquiry by U.S. prosecutors - NYTU.S. federal prosecutors are investigating whether FTX's founder Sam Bankman-Fried manipulated the market for two cryptocurrencies this May that led to their collapse and resulted in the implosion of his own cryptocurrency exchange, the New York Times reported on Wednesday. I think he’s innocent You could even hide millions of dollars in that hair Oh no...not an 'inquiry' I'm sure this austitc criminal is shaking in his boots. Jokes aside arrest SBF already.
Source: Reuters - 🏆 2. / 97 Read more »