The House Financial Services Committee has said that it is opening an investigation into fallen cryptocurrency exchange FTX and its disgraced head executive Sam Bankman-Fried. FTX Will Be the Subject of a Congressional Inquiry The announcement came from Maxine Waters, a democrat from California that heads the committee. She stated that the team also expects Bankman-Fried to testify on what occurred and hinted that Congress is using what happened with the company to get serious about developing regulation for the digital currency space. Waters said: The fall of FTX has posed tremendous harm to over one million users, many of
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Author: NixCoin