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US Senators request information on CFTC's chairman relationship with Sam Bankman-Fried

Senators Elizabeth Warren (D) and Chuck Grassley (R) requested documents from the CFTS's chair Rostin Behnam regarding his relationship with FTX founder Sam Bankman-Fried.

In 2022, Behnam testified that he met with SBF and other FTX executives roughly 10 times leading to the exchange bankruptcy in November. He also disclosed that he had exchanged a number of messages with SBF.

The Senators mentioned in their letter that market regulators like the CFTC have to determine how the multi-billion-dollar crime was allowed to happen.


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