House Financial Services Committee Ranking Member Maxine Waters (D-CA) requested analysis and recommendations from Treasury and the SEC on the Republican-proposed legislation that would establish a digital asset framework.
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House Financial Services Committee Chair Patrick McHenry (R-NC) and House Agriculture Committee Chair Glenn Thompson (R-PA) proposed legislation that would establish a digital asset framework and provide for related joint rulemaking from the CFTC and the SEC.
The DOJ, the SEC and the CFTC charged the Alameda Research CEO and the FTX Chief Technology Officer in schemes to defraud FTX's customers and investors.
The Senate Banking Committee considered testimony on regulatory responses in the wake of the FTX bankruptcy.
The DOJ, the SEC and the CFTC filed actions against FTX and its founder Samuel Bankman-Fried for defrauding U.S.-based and foreign investors, which resulted in billions of dollars in losses and missing customer funds.