.SenWarren and SenatorDurbin are digging into the collapse of FTX_Official – and the apparent wrongdoing of former CEO SBF_FTX that brought the exchange down. cheyenneligon reports
After the Binance acquisition fell through, FTX’s remaining fall from grace was swift and chaotic.
By Nov. 28, Ray and Bankman-Fried are required to provide Warren and Durbin with information and documents about FTX and its subsidiaries’ balance sheets, the cause of the exchange’s liquidity crisis, its rationale for buying bankrupt crypto exchange Voyager Digital, and whetherinto FTX’s accounting system to allow them to alter financial records and move money around without alerting other people are accurate.
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