Charges, arrest, and now a congressional committee questioning the SECgov's process in Sam Bankman-Fried's case.
and SBF, claiming the SEC chair had “personal access” to the former FTX CEO. Texas Representative Al Green called for regulating crypto firms like FTX, which “destroy[ed] investors’ dreams with ignoble schemes” and also requested Gensler testify.The SEC inquiry stemmed from Bankman-Fried being scheduled to testify before the House Financial Services Committee hearing on Dec. 13.
Authorities are planning two criminal trials for Bankman-Fried for 8 criminal charges and 5 counts scheduled to begin in October 2023 and March 2024, respectively. The SEC and Commodity Futures Trading Commission also filed separate civil suits against SBF, but those cases have been
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