Members 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.”
Committee ranking member Patrick McHenry also expressed support for the FTX investigation, saying it was essential to “hold bad actors accountable” and deliver oversight for the exchange’s users.
McHenry will likely become chair of the committee in January should Republicans gain majority control of the House of Representatives.
#NEW: Republican Leader @PatrickMcHenry and Chairwoman @RepMaxineWaters announce a hearing to investigate the collapse of FTX.
There is no sugarcoating it: the FTX collapse has been a dumpster fire.”
Source: Cointelegraph
#FTX