It doesn’t look like the FTX drama is going away anytime soon.
In light of possible extradition,Paul, Weiss from representing the entrepreneur’s interest doesn’t look optimistic. The reason behind the withdrawal is SBF’s series of cryptic tweets, which, according to his now ex-lawyer Martin Flumenbaum, were “incessant and disruptive” and negatively impacted the reorganization efforts of FTX.the invitation is already there
— the United States House Financial Services Committee has scheduled a December hearing aimed at exploring the collapse of crypto exchange FTX and “broader consequences for the digital asset ecosystem.” The Committee expects to hear from individuals and companies involved in the events, which could possibly involve not only SBF but also Binance CEO Changpeng Zhao.The Federal Reserve Bank of New York’s Innovation Center is launching a 12-week proof-of-concept pilot for a.
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