US House committee sets Dec. 13 date for FTX hearing
The United States House Financial Services Committee has announced it will be holding a hearing to investigate the events around the collapse of crypto exchange FTX.In a Nov.
28 announcement, House Financial Services Committee chair Maxine Waters said lawmakers had scheduled a hearing aimed at exploring the collapse of FTX for Dec.
13. The hearing, expected to be “Part I” in perhaps a series of hearings around the impact of a major crypto exchange declaring bankruptcy, was first announced on Nov.
16 but not scheduled. Following the fall of FTX, the urgent need for legislation has never been greater. @FSCDems anticipated this need & have already been working for several months under the leadership of Chairwoman Waters, w/ RM McHenry, to craft bipartisan legislation.: https://t.co/RyttaaSqX7The House committee said in its previous announcement that it expected to hear from individuals and companies involved in the events that led to FTX filing for bankruptcy under Chapter 11 in the District of Delaware, including former CEO Sam Bankman-Fried, Alameda Research, and Binance.
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