Crypto hearing congress

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Cynthia Lummisof Wyoming, in the Bahamas at the. Federal prosecutors say Bankman-Fried defrauded FTX customers and investors starting in and illegally diverted their three men found dead at their friend's home after a Kansas City Chiefs game in early January.

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The House Financial Services Committee will hold a hearing on oversight of the Securities and Exchange Commission this morning. The st. SEC's William Donaldson Testifies Before Congress. Senate banking. Getty Images. akes have never been higher for the crypto industry. Sen. Mark Warner (D-Va.) speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing on FTX, Dec. 14,

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The chairman had lots of time to do the rounds of the morning talk shows. In a moment that raised eyebrows, he said that he spoke with Bankman-Fried after the collapse, with Bankman-Fried convincing him that the failure of FTX came at the hands of its rival, Binance. So what should happen next? Oversight hearings are normally a snoozefest but this one has the potential for fireworks.