Audiences are hoping for a detailed explanation of what caused the FTX meltdown from its former CEO.
Looming over Bankman-Fried's interview are renewed calls from Washington to regulate the crypto industry. Democratic Sen. Sherrod Brown of Ohio urged U.S. Treasury Secretary Janet Yellen this week to develop crypto protection legislation because of what happened with FTX.
to Yellen on Wednesday."In addition, FTX relied on its own proprietary crypto token, leading to inflated valuations that further fueled irresponsible risk-taking."Vox Media earlier this month on Twitter that his previous displays of support this year of government oversight in the crypto industry was"PR." and that regulators"make everything worse.
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