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Topic - Ftx Group

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Crypto exchange FTX CEO John Ray, testifies before the House Financial Services Committee on the collapse of crypto exchange FTX, Tuesday, Dec. 13, 2022, on Capitol Hill in Washington. (AP Photo/Manuel Balce Ceneta)

New FTX CEO says lax oversight, bad decisions caused failure

By Glenn Gamboa - Associated Press

Committee Chairman Rep. Maxine Waters, D-Calif., speaks during a House Committee on Financial Services hearing, Wednesday, April 6, 2022, on Capitol Hill in Washington, with Treasury Secretary Janet Yellen. The former CEO of the failed cryptocurrency exchange FTX said in a tweet Friday, Dec. 9, that he is willing to testify to Congress next week, but that he will be limited in what he can say and that he “won't be as helpful” as he’d like to be. The tweet came in response to a tweet from Waters, who on Monday requested that Bankman-Fried attend next week’s hearings over the collapse of FTX. (AP Photo/Evan Vucci) **FILE**

Dems antsy as disgraced crypto chief who supplied campaign cash readies Capitol Hill testimony

By Dave Boyer - The Washington Times

In this screengrab from an interview with ABC News is Sam Bankman-Fried, former CEO of the failed cryptocurrency exchange FTX. The interview, which appeared on the program Good Morning America, took place in the Bahamas island of Nassau where FTX was headquartered. (Good Morning America/ABC News via AP)

Former FTX CEO Sam Bankman-Fried arrested in the Bahamas

By Victor Morton - The Washington Times