FOX Business host Stuart Varney argues 'very few' understood what they were getting into as the FTX crypto collapses causes millions to lose money.
on Wednesday announced a hearing will be held in December to examine the collapse of FTX and "the broader consequences for the digital asset ecosystem." to testify, as well as representatives from Alameda Research, Binance, FTX, and related entities, lawmakers said. Representative Maxine Waters, a Democrat from California and chairwoman of the House Financial Services Committee, speaks during a hearing in Washington, D.C., U.S., on Thursday, Sept. 30, 2021.
"The fall of FTX has posed tremendous harm to over one million users, many of whom were everyday people who invested their hard-earned savings into the FTX cryptocurrency exchange, only to watch it all disappear within a matter of seconds. Unfortunately, this event is just one out of many examples of cryptocurrency platforms that have collapsed just this past year," Waters said.
FTX funded the democrat mid term elections to the tune of $40 million. Be sure this December committee comes to the right conclusion. America will be watching. Every minute. For starters every politician accepting the money will pay it back. Out of their own funds.
It’s called covering your butt! They are the ones who were taking FTX money! Pure kabuki theater!
Wait until the people without a conflict of interest are running the House.
Jail for Fried and as many others who certainly had known this was a fraud. Should have known! Never a legit business! Jail is the only satisfactory way to communicte to these frauds-Biden and Hunter as well-that this far flung harm to public is unacceptable.
Why don't they wait until the new house is sworn in in January? 😏
When it comes to their own financial flow they quickly act to 'investigate' but for everyone else its crikets.
Now that’s funny, they are going investigate themselves in the last month of their reign. I’m sure they’ll get to the bottom of it!!
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