US Senators Elizabeth Warren and Charles Grassley have formally requested a detailed accounting of all interactions between Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam and disgraced crypto mogul Sam Bankman-Fried (SBF).
The bipartisan letter writers also want to know when the agency found out about the wrongdoing at the crypto exchange.
In a bipartisan approach, Senators Elizabeth Warren(D-Mass) and Chuck Grassley (R-Iowa) have written a formal letter to the chair of the U.S. Commodity Futures Trading Commission (CFTC) Rostin Behnam requesting details of communications between the CEO of the crypto exchange FTX, Mr.Sam Bankma-Fried and him.
Sen. Warren and Sen. Grassley are asking for information about CFTC Chair Rostin Behnam's relationship with Sam Bankman-Fried, particularly their correspondence in the months leading up to FTX's collapse.
The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn't been fully forthcoming about those interactions. So, Sens. Elizabeth Warren (D-Mass.
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