Sunday, May 19, 2024

Live updates: FTX’s Sam Bankman-Fried faces fraud and conspiracy charges



As the House Financial Services Committee digs into FTX’s collapse, crypto boosters on the panel are dividing their criticism between Sam Bankman-Fried and a determine nearer to house — SEC Chair Gary Gensler, whom they faulted with not laying out clear trade guidelines. “Frankly, Chair Gensler has failed at his job,” mentioned Rep. John Rose (R-Tenn.).



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