FTX founder Sam Bankman-Fried should testify on crypto exchange collapse: Sen. Sherrod Brown

FTX co-founder Sam Bankman-Fried should testify before Congress to explain the collapse of his cryptocurrency empire, Sen. Sherrod Brown, D-Ohio, told Fox News on Tuesday.

Bankman-Fried's FTX, the third-largest crypto trading company in the world, evaporated in a matter of days last week, leading to a bankruptcy filing and Bankman-Fried's resignation. The former billionaire was a top donor to Democrats and is now facing criminal inquiries into mishandled funds at the company.

Brown argued the Senate must do aggressive oversight of crypto companies moving forward, but stated that many senators take donations...