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SBF, Gensler, and CeFi are being blamed by a US Congressman for the FTX collapse

SBF, Gensler, and CeFi are being blamed by a US Congressman for the FTX collapse

14 thoughts on “SBF, Gensler, and CeFi are being blamed by a US Congressman for the FTX collapse”

  1. Real headline is in the article. He’s blaming Gary Gensler too.

    >”In a Nov. 22 Fox Business interview, US Congressman Tom Emmer said FTX’s failure was a failure of centralized finance (CeFi), Sam Bankman-Fried, and SEC Chairman Gary Gensler.”

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  2. Is it a possibility Gensler could step down because of this or is crypto still too small of a fish in a big pond for anything meaningful to happen to officials entangled in this?

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  3. This guy makes sense. I wish all this will have consequences for Gensler as well as SBF. It seems unlikely but there’s still hope.

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  4. tldr; US Congressman Tom Emmer said FTX’s failure was a failure of centralized finance (CeFi), Sam Bankman-Fried, and SEC Chairman Gary Gensler. Emmer also chastised the SEC for failing to probe problematic actors in the cryptocurrency market.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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