FTX's Washington charm offensive aimed to steer oversight of crypto into the hands of what was perceived to be a friendlier regulator than the SEC
WASHINGTON—Sam Bankman-Fried’s multimillion-dollar Washington charm offensive revolved around a small financial regulator and a group of senators with whom thefound common cause in a bid for light-touch regulation of digital assets.
For FTX, the crypto exchange Mr. Bankman-Fried founded, the goal was to steer oversight of crypto into the hands of what was perceived to be a friendlier regulator than the Securities and Exchange Commission, which
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