The agency did not identify any names or details about the companies under investigation.
, the Commodities Future Trading Commission, and two state attorneys general have all reportedly launched investigations into FTX and its executives over the last few weeks.The FTC declined to identify the firms currently under investigation or the nature of the probes. But the agency could use its authority to enforce truth in advertising rules to rein in the industry.
“Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain,” Bankman-Fried said. “I’m not sure that will happen by the 13th. But when it does, I will testify.”, “Based on your role as CEO and your media interviews over the past few weeks, it’s clear to us that the information you have thus far is sufficient for testimony.
As of publication, neither the committee nor Bankman-Fried has confirmed whether the FTX founder will attend the hearing next week.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs reportedly looking to buy crypto firms after FTX collapseMathew McDermott argued that while the FTX collapse became a poster child for crypto, the technology behind crypto “continues to perform.”
Read more »
Exclusive: Goldman Sachs on hunt for bargain crypto firms after FTX fiascoExclusive: Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and dampened investor interest
Read more »
Goldman Sachs sees crypto investment opportunities after FTX fiasco: ReutersFinancial giant Goldman Sachs reportedly plans to spend 'tens of millions of dollars' to buy or invest in crypto firms after FTX's demise.
Read more »
Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy'Because of the size of this year's scandals and their far-reaching impacts, a lot of investors aren't moving to BTC because they're just leaving the space entirely,' one expert said.
Read more »
A loophole allowed FTX to secure its Aussie license without full checks: ASIC's LongoThe chairman of Australia's corporate regulator has called for the closing of a regulatory loophole that gave FTX a financial services license in the country with little trouble.
Read more »
Goldman Sachs to Spend 'Tens of Millions' on Discounted Crypto Investments After FTX Implosion: Report.GoldmanSachs is looking to spend tens of millions of dollars for investments in crypto firms, whose valuations have been hit after the FTX bankruptcy. By egreechee
Read more »