FTX failure divides lawmakers on how tough to get with crypto regulation

By: - December 13, 2022 6:23 pm

The collapse of cryptocurrency firm FTX sparked debate before a congressional committee on Tuesday. (Photo by Stephanie Keith/Getty Images)

Members of a U.S. House committee disagreed at a Tuesday hearing about whether more aggressive federal regulation would have protected customers from the collapse of cryptocurrency firm FTX and the alleged fraud of its founder, Samuel Bankman-Fried.

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Jacob Fischler
Jacob Fischler

Jacob covers federal policy and helps direct national coverage as deputy Washington bureau chief for States Newsroom. Based in Oregon, he focuses on Western issues. His coverage areas include climate, energy development, public lands and infrastructure.

Kentucky Lantern is part of States Newsroom, the nation’s largest state-focused nonprofit news organization.

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