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House Financial Services Committee hears FTX testimony
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Consumer Protection, Emerging Technology, Government Oversight, Nonbank Financial
Monday, January 2, 2023
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The House Financial Services Committee heard testimony from FTX CEO John Ray III regarding the collapse and ongoing bankruptcy of the cryptocurrency exchange. Former CEO Sam Bankman-Fried, who was originally supposed to testify before the committee, was not present due to his arrest in the Bahamas.
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