FTX Money Backed U.S. Lawmakers With Future of Crypto in Their Hands

Nearly two thirds of the members of the Senate Agriculture committee took FTX cash, including Sen. Debbie Stabenow (D-Mich.), the panel’s chairwoman, and its ranking Republican, Sen. John Boozeman (R-Ark.). Last year, that panel was in the crypto industry’s spotlight because the two lawmakers pushed a bill to establish rules of the road for digital assets in the U.S., including giving the CFTC authority over trading of non-security tokens, such as bitcoin.

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