This headline is a total puff piece to make SEC look good. It can easily be misinterpreted like the SEC was investigating FTX before the bankruptcy. They were not. Let’s be honest, not only did the SEC have no clue what was going on at FTX, the chairman of the SEC, Gary Gensler was meeting with SBF multiple times to regulate crypto in conditions favorable to FTX. And Alameda’s CEO father once worked with Gary Gensler. The whole thing stinks of corruption and the SEC is trying to wash it off.
I don't know what's going on with mainstream media. Back in November, they were on their hands and knees ready to suck-off SBF.
99Beers t1_j21zv2b wrote
Reply to FTX diverted $200 million of customer money for two venture deals that caught the SEC’s attention by cloud_coder
This headline is a total puff piece to make SEC look good. It can easily be misinterpreted like the SEC was investigating FTX before the bankruptcy. They were not. Let’s be honest, not only did the SEC have no clue what was going on at FTX, the chairman of the SEC, Gary Gensler was meeting with SBF multiple times to regulate crypto in conditions favorable to FTX. And Alameda’s CEO father once worked with Gary Gensler. The whole thing stinks of corruption and the SEC is trying to wash it off.
I don't know what's going on with mainstream media. Back in November, they were on their hands and knees ready to suck-off SBF.