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FTX’s Sam Bankman-Fried Visited White Rental in May per chance per chance furthermore honest

FTX’s Sam Bankman-Fried Visited White Rental in May per chance per chance furthermore honest

The CEO of FTX visited the White Rental when he testified earlier than authorities agencies in May per chance per chance furthermore honest.

Key Takeaways

  • FTX CEO Sam Bankman-Fried and other workers of the FTX alternate visited the White Rental in May per chance per chance furthermore honest.
  • Miniature print of the talk over with are unknown, however the talk over with coincided with Bankman-Fried’s testimony earlier than Congress.
  • FTX workforce met with participants of the Biden administration in build of President Joe Biden himself.

FTX CEO Sam Bankman-Fried and other alternate workforce visited the White Rental in May per chance per chance furthermore honest, primarily primarily based on visitor logs.

FTX CEO and Others Visited White Rental

FTX workforce visited the White Rental this twelve months.

Newly-printed log documents display that the staff visited the presidential situation on May per chance per chance furthermore honest 12 and May per chance per chance furthermore honest 13, 2022.

The visitor log names three other folks who work at FTX: CEO Sam Bankman-Fried, director of authorities family and policy Eloria Katz, and head of policy Rate Wetjen.

It does no longer seem that the FTX crew met with President Biden. Quite, they met with Biden administration policy adviser Charlotte Butash and counselor Steve Ricchetti.

The particulars of the assembly are risky. On the opposite hand, the talk over with coincided with design to be one of Sam Bankman-Fried’s appearances earlier than Congress. On May per chance per chance furthermore honest 12, Bankman-Fried and diverse other folks testified earlier than Congress, advocating for a March proposal that can enable for non-intermediated derivatives purchasing and selling.

Later, on May per chance per chance furthermore honest 25, Sam Bankman-Fried attended a round table hosted by the Commodity Futures Trading Fee (CFTC) on the identical worry. That match included many exchange participants.

Sam Bankman-Fried’s brother Gabriel also visited the White Rental alongside the rest of the crew. Though Gabriel is no longer associated to FTX, the two brothers possess cooperated on points such as a pandemic readiness PAC. The PAC does no longer possess any relation to cryptocurrency, in spite of rumors.

It’s risky that any of those points had been discussed at the White Rental, however FTX’s engagement with regulations design that some variation on these issues had been doubtless discussed.

FTX has established itself as a important crypto alternate since it opened in 2019. It dealt with nearly $2 billion in quantity throughout the final 24 hours; FTX.US dealt with one more $220 million.

Disclosure: On the time of writing, the author of this piece owned BTC, ETH, and other cryptocurrencies.

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