Emails reveal Sam Bankman-Fried's courtship of federal regulators

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Emails reveal Sam Bankman-Fried's courtship of federal regulators
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The cryptocurrency billionaire employed several former regulators who aided his efforts to woo top CFTC officials, emails obtained by the Los Angeles Times show.

“I won’t comment. I understand the questions, but not commenting on inquiries right now,” Miller told The Times when asked about the emails.

“Reaching out to seek some time to discuss with you a LedgerX matter of considerable urgency,” Wetjen wrote to Behnam on Aug. 26, 2021. “Can you please accommodate a request to have a brief discussion on this? Many thanks for considering.” “Over the past 14 months, we met 10 times in the CFTC office at their request all in relation to... this clearinghouse application,” Behnam added. “There were very, very strong feelings about this application. And I felt I needed to be engaged as the chairman of the agency that met directly with FTX and Mr. Bankman-Fried.”Bankman-Fried was slated to testify in front of the House Financial Services Committee on Dec. 13, but was arrested in the Bahamas the night before.

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