Pressure is mounting on the SEC to step up enforcement of crypto exchanges after the collapse of FTX
FTX founder Sam Bankman-Fried sat down with The Wall Street Journal to discuss what happened to the billions of dollars deposited by the exchange’s customers.
Photo: Kenny Wassus/The Wall Street JournalWASHINGTON—Pressure is mounting on the Securities and Exchange Commission to step up enforcement of key hubs of the crypto industryFTX’s bankruptcy put the focus on crypto exchanges, the primary hubs for individual investors that offer such services as digital-coin sales, lending and the safekeeping of assets. Despite investigating parts of the industry for over six years, the SEC has yet to sue a major crypto exchange.
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