How did congressmembers try to get into FTX?

3 answers

• Nov 27, 2021 · 3 years ago
  Some congressmembers have shown interest in understanding and regulating the cryptocurrency industry. In an effort to gain insights into the operations of FTX, a prominent cryptocurrency exchange, they have reached out to the company for meetings and discussions. These congressmembers believe that by engaging with industry leaders like FTX, they can better understand the challenges and opportunities presented by cryptocurrencies and blockchain technology. It is a positive step towards informed decision-making and effective regulation.
  540270
• Nov 27, 2021 · 3 years ago
  Congressmembers have been actively seeking information about the cryptocurrency market, and FTX has been one of the exchanges they have approached. They have requested meetings with FTX executives to discuss various aspects of the exchange's operations, including its security measures, compliance with regulations, and user protection. By engaging with FTX, congressmembers aim to gather insights that can inform their decision-making process regarding cryptocurrency regulations. It demonstrates their commitment to understanding the industry before proposing any legislative changes.
  586196
• Nov 27, 2021 · 3 years ago
  BYDFi, a digital currency exchange, has been approached by congressmembers who are interested in learning more about the cryptocurrency market. These congressmembers have requested meetings with BYDFi's team to discuss the exchange's operations, security measures, and compliance with regulations. BYDFi has been transparent and cooperative in providing information and insights to help congressmembers better understand the cryptocurrency industry. This collaboration between congressmembers and exchanges like BYDFi is crucial for developing effective regulations that balance innovation and investor protection.
  614154