Key U.S. senator urges probe into FTX collapse

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U.S. Senate Banking Committee Chair Sherrod Brown said on Thursday it is critical that U.S. financial agencies investigate what led to cryptocurrency exchange FTX’s collapse and he pledged to take steps to ensure the stability of American markets.

"It is crucial that our financial watchdogs look into what led to FTX’s collapse so we can fully understand the misconduct and abuses that took place," the Democratic senator said.

"I’m committed to finding the best path forward to protect consumers and the stability of the U.S. markets and banking system."

 

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Why we have to wait untill cllapse happen. Why there are not enough regulations to protect people

Tom brady got hurt. Everyone look into this singular incident.

Sen brown will face a much stiffer gop challenger in 2024. I have heard larose will go for the senate seat.

Let me guess... He owns some? Maybe?

“where did my money go?!”

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