FTX collapse was a ‘dumpster fire,’ says US lawmaker announcing investigative hearing By Cointelegraph
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FTX collapse was a ‘dumpster fire,’ says US lawmaker announcing investigative hearingMembers of the United States House Financial Services Committee have scheduled a December hearing aimed at exploring the collapse of crypto exchange FTX and “broader consequences for the digital asset ecosystem.”
In a Nov. 16 announcement, the House committee said it expected to hear from individuals and companies involved in the events that led to the FTX Group filing for bankruptcy under Chapter 11, including former CEO Sam Bankman-Fried — also known as SBF — Alameda Research, and Binance. It’s unclear whether Binance CEO Changpeng Zhao, who has also been vocal on social media about his discussions with SBF and FTX, will make an appearance.
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FTX collapse was a ‘dumpster fire,’ says US lawmaker announcing investigative hearingMembers of the United States House Financial Services Committee have scheduled a December hearing aimed at exploring the collapse of crypto exchange FTX and “broader consequences for the digital asset ecosystem.”
In a Nov. 16 announcement, the House committee said it expected to hear from individuals and companies involved in the events that led to the FTX Group filing for bankruptcy under Chapter 11, including former CEO Sam Bankman-Fried — also known as SBF — Alameda Research, and Binance. It’s unclear whether Binance CEO Changpeng Zhao, who has also been vocal on social media about his discussions with SBF and FTX, will make an appearance.
Continue Reading on Coin Telegraph
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