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The Latest Front in the Crypto Wars Is Binance-Paxos and BUSD

The Breakdown

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The House Financial Services Committee and the SEC's Interactions With Sam Bangman-Fried

The House Financial Services Committee sent a letter to Gary Gensler saying, We want to know all of your interactions and investigations around FTX. Over the weekend, Maxine Waters fired back saying that a more important action for McHenry to take would be to drag Sam Bangman-Fried in for testimony. If you were thinking we were going to get some more unanimity on where the House Financial Services committee should focus its priorities, that may be a little bit of a pipe dream.

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