Spotlight shines on ‘Blockchain Eight’ lawmakers after the collapse of crypto firm FTX

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House lawmakers known as the 'Blockchain Eight' who discouraged a probe of the cryptocurrency industry in March are under fresh scrutiny in the wake of the indictment of FTX founder Sam Bankman-Fried on fraud charges.

 

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'I'd rather have some paper money I can call my own, than a fickle hearted real life bitcoin!' I know, it needs work.

Was he ever a 'real' billionaire? Anything he had was taken from FTX. His taking out of FTX created a liability which created negative valuation. From what I can ascertain he never was personally worth a true Billion in net worth. Debatable if he was a 'real' millionaire.

The campaign donations should taken back from the candidates and returned to defrauded investors.

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Former FTX CEO Bankman-Fried hit with eight-count indictmentU.S. prosecutors charged Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes and campaign finance violations on Tuesday, alleging he played a central role in the collapse of FTX and hid its problems from the public and investors. About freaking time Before or after his meeting with congress ?
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FTX CEO Sam Bankman-Fried hit with eight count indictmentThe U.S. Securities and Exchange Commission has charged Sam Bankman-Fried, the former CEO of failed cryptocurrency firm FTX with orchestrating a scheme to defraud investors. He ran a ponzi scheme. Wasn't the first, won't be the last. Jail him and move on. How about listing the recipients and amounts of campaign donations the Ponzi schemer contributed to ensure the wheels of Congress were greased. He should have been arrested sooner
Source: chicagotribune - 🏆 8. / 91 Read more »

Former FTX CEO Bankman-Fried hit with eight-count indictment for ‘scheme’ to defraudU.S. prosecutors charged Sam Bankman-Fried, the former CEO of cryptocurrency platform FTX, with a host of financial crimes and campaign finance violations on Tuesday. Philly School DIstrict better plan for more budget cuts. PSERS invests in a lot of garbage.
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Former FTX CEO Bankman-Fried hit with eight count indictmentNEW YORK (AP) — U.S. prosecutors charged Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes and campaign finance violations on Tuesd…
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