CSPAN3 Commodity Futures Chair Testifies On FTX Collapse December 14, 2022
currency markets. this is just over two and half hours. >> good morning. i will call that committee to order. we appreciate chairman being with us this morning. one month ago the crypto market was rocked by reports researcher trading firm for crypto exchange ftx was in financial trouble. the balance she was popped up by a token most of its affiliated companies collapsed. into bankruptcy. at best these events uncovered a alarming lack of internal controls and egregious and governance failures. at worse, sam bateman freed and his inner circle like to install from over 1 million custome...