Several of Gary Gensler’s old cronies worked for FTX and were even responsible for arranging meetings between Gensler and SBF, sources said.
from US Rep. Patrick McHenry, chair of the House Financial Services Committee, who is demanding more information on the FTX collapse.
As Sam Bankman-Fried’s fraud trial heats up, so does the spotlight on Gary Gensler over his allegedly cozy ties with the fallen crypto kingpin., SBF’s ex-girlfriend who has since turned informant to the feds — was the head of MIT’s economics department when Gensler taught a course on blockchain there in 2018.
After Miller joined FTX, Bankman-Fried nabbed his first meeting with Gensler in October 2021, according to a screenshot of Gensler’s calendar. Miller arranged a conversation between Gensler, Bankman-Fried, and FTX US President Brett Harrison to discuss next steps for the exchange — and how it could be legitimized, according to SEC disclosures.
“The FTX case is one of the most significant financial frauds in decades,” Thomas Jones, president of the American Accountability Foundation, told On The Money.
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