The founder and former CEO of failed cryptocurrency exchange Sam Bankman-Fried met with high-level officials at the Commodity Futures Trading Commission more than 10 times over the past 14 months, including with CFTC Chairman Rostin Behnam.
Behnam testified Thursday before the Senate Committee on Agriculture, Nutrition, and Forestry, which oversees the nation’s commodities markets. The CFTC head told senators that the meetings with Bankman-Fried centered around FTX’s “dogged” desire to amend the clearinghouse license for LedgerX LLC, which FTX bought in 2021 and is overseen by the CFTC.
Source: Former FTX CEO Sam Bankman-Fried met multiple times with CFTC
