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CFTC Commissioner: Too Soon To Say if FTX Crisis Was Intentional

As mounting damage from FTX’s failures percolates, Commissioner Kristin Johnson said if regulators determine there was wrongdoing, it would still be another question entirely of whether they were intentional in nature. “We’re in the early days and beginning to peel back the layers of what’s happened, so I would feel remiss to begin to describe what I think are regulatory missteps or even risk management failures,” Johnson said during an appearance before lawmakers and industry members at the Blockchain Association Policy Summit in Washington. (Blockworks)

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