There are politicians and media publications protecting Sam Bankman-Fried's criminality, but these congressmen aren't among them.
The letter in this article was written in March. FTX's long-term fraud has only been known since early November.
The letter in this article was written in March. FTX's long-term fraud has only been known since early November.
Maybe they were just helping companies donating to then, the letter is about cryptocurrenty in general.
Not that I'm personally against the SEC (and other agencies) crossing into crypto and interpreting their mandate broadly, rather than being overly conservative and waiting for new laws while the scammers run wild. But in other areas these paperwork demands could be a huge burden...