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

by Aurelia Butler 11 February 2023, 08:00 149 Views

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.

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Source: Cryptocurrency - investing.com

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

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