Warren’s Response to FTX’s Downfall
Attorney John Deaton, a cryptocurrency XRP advocate, recently brought attention to Senator Elizabeth Warren’s silence amid the scandal involving Samuel Bankman-Fried, the former CEO of FTX. Senator Warren, who has been critical of cryptocurrencies, is now under scrutiny from Deaton for not commenting on the FTX debacle. The focus is on investigating Sam Bankman-Fried’s parents, Joe Bankman and Barbara Fried, amidst allegations that misused FTX customer funds may have funded their lavish lifestyle.
Deaton’s Two Critical Questions
- Is there a personal connection between Senator Warren and Barbara Fried?
- Did Senator Warren meet with SBF during his lobbying efforts in Washington, D.C.?
Deaton also questions Senator Warren’s potential coordination with Jamie Dimon, CEO of JPMorgan Chase, and the contrasting positions they hold regarding cryptocurrency. The attorney further scrutinizes Senator Warren’s role in overseeing the SEC, questioning her lack of inquiry into the meetings between SEC Chair Gary Gensler and SBF.
Hot Take
It will be interesting to see if Senator Warren addresses Deaton’s questions and provides further clarification on her stance regarding the FTX scandal and her connection to those involved.
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