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Crypto Platforms Ask for Rules But Have a Favorite Watchdog
It may seem strange that a crypto magnate is seeking federal oversight.
06 Apr 2022, 07:11 PM IST
(Bloomberg Businessweek) -- It was a classic Washington networking party. Sam Bankman-Fried, the co-founder and chief executive officer of FTX, one of the world’s largest crypto trading platforms, held court on a February evening in a private room at the Park Hyatt hotel on the edge of Georgetown. Drinks flowed from an open bar, and hors d’oeuvres were served to the clutch of congressional aides, financial lobbyists, and former regu...
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