Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

U.S. Parliament Summons SEC Chair Over Role in FTX Investigation

Published 02/11/2023, 03:37 AM
Updated 02/11/2023, 04:00 AM
U.S. Parliament Summons SEC Chair Over Role in FTX Investigation

  • The U.S. Parliament has requested communication details from the SEC over the investigation of SBF.
  • The SEC chair was given until 5pm, February 24 to provide requested information.
  • GOP’s aims at providing transparency in the investigation of SBF over his role in the FTX collapse.

The U.S. Parliament has issued an ultimatum to Gary Gensler, chairman of the Securities and Exchange Commission (SEC), asking him to provide information concerning the commission’s investigation of FTX. Gensler was given until 5.00 p.m. February 24, 2023, to submit outlined records to the GOP.

In a letter dated February 10, 2023, the U.S. parliament’s committee on financial services requested that the SEC chairman provide the details of his commission’s investigation of Sam Bankman-Fried (SBF) concerning the FTX collapse. The parliament asked Gensler to provide communication records between some of the key participants in the investigation by the SEC.

See original on CoinEdition

Latest comments

He probably cleansed anything incriminating but hes done anyway. His losing case against grayscale will prove he is corrupt
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.