Cryptocurrency: Noting The Carnage
grarpamp at gmail.com
Thu Nov 10 15:35:54 PST 2022
Exchanges moving to self-transparency, funny
they all could but so few bothered.
> For 2022 midterms alone...
> Sam Bankman-Fried has thrown $30 Million to Democrats.
Tom Emmer, the recently reelected Republican lawmaker representing
Minnesota’s 6th district in the United States House of Representatives,
has alleged Securities and Exchange Commission Chair Gary Gensler had been
helping FTX CEO Sam Bankman-Fried to gain a “regulatory monopoly”
through the crypto firm.
In a Nov. 10 tweet, Emmer criticized Gensler for “run[ning] to the
media” amid FTX’s liquidity issues causing ripples throughout the
crypto market. According to the Republican lawmaker, his team was looking
into the SEC chair’s alleged collaboration with Bankman-Fried and FTX,
but only cited reports presented to his office as evidence without
Interesting. @GaryGensler runs to the media while reports to my office
allege he was helping SBF and FTX work on legal loopholes to obtain a
regulatory monopoly. We're looking into this. https://t.co/SznowgcP6V
— Tom Emmer (@RepTomEmmer) November 10, 2022
Gensler spoke on CNBC’s Squawk Box shortly before Emmer’s statement,
not disputing records that SBF met with SEC officials on March 29. The SEC
chair said many similar meetings led to the same message to crypto
industry leaders — “non-compliance is not gonna work” — but did
not confirm reports that the regulatory body was investigating the FTX US
More information about the cypherpunks