FTX founder Sam Bankman-Fried on hot seat as Senate inquiries, criminal probes move forward

Posted on AllSides November 28th, 2022
From The Right
Ting Shen/Bloomberg via Getty Images

Sam Bankman-Fried is facing an onslaught of legal repercussions over his involvement in the collapse of FTX, the cryptocurrency trading platform he founded in 2019, with congressional investigations set to take off over the course of the upcoming weeks.

The Senate Agriculture Committee, which is tasked with oversight of the Commodity Futures Trading Commission (CFTC), is planning to hold a hearing on the rapid collapse of FTX this week, with the office of GOP Ranking Member John Boozman of Arkansas giving FOX Business details about the hearing. Boozman's office said the...

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https://www.foxbusiness.com/politics/ftx-founder-sam-bankman-fried-hot-seat-senate-inquiries-criminal-probes-move-forward

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