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Friday, 24 March2023

House Committee Will Hold Hearing on FTX Collapse

House Committee Will Hold Hearing on FTX Collapse

<p>Representatives Maxine Waters and Patrick McHenry, leading members of the House Financial Services Committee, announced a hearing in December to investigate the collapse of cryptocurrency exchange FTX. The committee intends to hear from FTX founder Sam Bankman-Fried, his trading firm Alameda Research LLC, and competing platform Binance.&nbsp;According to persons aware&nbsp;with the situation, the Manhattan U.S. Attorney&#39;s office is examining FTX&#39;s collapse.</p>

Read full story at Wall Street Journal
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