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US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures

U.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify before Congress and “answer questions about the cost of his…

Continue ReadingUS Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures

‘You can commit fraud in shorts and T-shirts in the sun,’ says SDNY attorney on SBF indictment

Damian Williams called on individuals who may have been involved in alleged illegal actions at FTX and Alameda to “come see us before we come see you,” hinting at future…

Continue Reading‘You can commit fraud in shorts and T-shirts in the sun,’ says SDNY attorney on SBF indictment

FTX hearing: US lawmakers criticize use of Quickbooks, creepy dough, and ‘conscientious stupidity’

Some members of the U.S. House of Representatives questioned whether Sam Bankman-Fried’s actions at FTX and Alameda may have been willful or due to gross incompetence.

Continue ReadingFTX hearing: US lawmakers criticize use of Quickbooks, creepy dough, and ‘conscientious stupidity’