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Congressman Who Called Bitcoin an ‘Unstoppable Force’ to Become House Financial Services Committee Chair

The Breakdown

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FTX Bankruptcy

Bloomberg reported that the bankruptcy management team at FTX met with federal prosecutors. The DOJ office of U.S. Trustees had filed an application for an independent examiner to be appointed to investigate in the FTX bankruptcy hearing. If approved by the court, this will allow the examiner to investigate fraud, dishonesty, incompetence, misconduct and mismanagement. Was this an unsuccessful business or a successful fraud?

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