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CryptoGlobe
2022-12-16 06:50:56

U.S. Senator Toomey Explains Why FTX Collapse Does Not Justify Banning Crypto

U.S. Senator Toomey Explains Why FTX Collapse Does Not Justify Banning Crypto

On Wednesday (14 December 2022), U.S. Senator Pat Toomey (R-PA) explained during a hearing of the Senate Banking Committee that what caused the collapse of FTX was not crypto but the exchange’s bad behavior. Toomey’s comments were made during the “Crypto Crash: Why the FTX Bubble Burst and the Harm to Consumers” hearing of the U.S. Senate Committee on Banking,

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