LIVE: New FTX CEO testifies before House of Representatives Financial Services Committee
Reuters, 13 Dec 2022
The head of the U.S. House of Representatives Financial Services Committee holds a hearing on the collapse of the now-bankrupt crypto exchange FTX with new CEO FTX John J. Ray III. FTX founder Sam Bankman-Fried was charged by the SEC with defrauding investors in what regulators called ‘a house of cards.’