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Lawmakers grapple with sheer size of FTX's missing billions

After Sam Bankman-Fried was charged with multiple financial crimes, the Senate Banking Committee considered proposals for tighter industry regulation.

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Senate crypto hearing yields big claims, possible regulation

Sen. Elizabeth Warren announced at the hearing bipartisan legislation aimed at cracking down on cryptocurrencies being used in money laundering.

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Sherrod Brown, other key senators give close scrutiny to Bankman-Fried's FTX

From Bloomberg: U.S. lawmakers don't need to reinvent the wheel as they weigh legislation after the blowup of Sam Bankman-Fried's FTX crypto empire, said Sen. Sherrod Brown, head of the Senate Banking Committee.

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