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US Congressman Says FTX Was 'A Failure Of Centralized Finance And A Failure Of Sam Bankman-Fried': Why It's Important - Bitcoin (BTC/USD)

Summary by Ground News
U.S. Congressman Tom Emmer (R-MN) said Tuesday that the implosion of cryptocurrency exchange FTX is not a crypto failure. Instead, he said it is a failure with centralized finance (cefi), Securities and Exchange Commission (SEC) Chairman Gary Gensler, and former FTX CEO Sam Bankman-Fried.

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Bitcoin.com broke the news in on Wednesday, November 23, 2022.
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