Rep. Maxine Waters (D-Calif.) and Rep. Patrick McHenry (R-N.C.), respectively the chair and ranking member of the committee, said in a joint statement that the lawmakers would want to hear about the collapse of the crypto exchange and its “broader consequences” for the cryptocurrency ecosystem. The committee plans to hear testimony from now-former FTX CEO Sam Bankman-Fried and representatives from FTX, its sister company, Alameda Research, and Binance, which briefly suggested it would acquire FTX.
BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Conspiracy Charge
In a statement, Deputy Attorney General Lisa Monaco said, "Today’s result shows how the Justice Department, working with international partners,...