The inquiries by the Securities and Exchange Commission and Commodity Futures Trading Commission date back several months and started as a probe into the crypto lending activities of FTX’s U.S. counterpart, FTX US. But the investigations are related to the issues that have caused FTX’s current liquidity crisis, and look at the relationship between FTX.com, its trading house Alameda Research and FTX US, according to Bloomberg’s report.
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto...