Several former U.S. regulators, including commissioners of the Commodity Futures Trading Commission (CFTC), later took roles within FTX, leading to suspicion of impropriety.

In August 2021, FTX hired former CFTC attorney Ryne Miller as General Counsel for FTX.US. Miller joined the CFTC as an attorney in 2010, where he served for two years before becoming Legal Counsel to then CFTC Chair Gary Gensler in May 2012. 

In November 2021, FTX appointed former CFTC Commissioner Mark Wetjen as Head of Policy and Regulatory Strategy to “lead the Company’s communications with U.S. regulatory and legislative bodies, such as the CFTC, SEC and various House and Senate Committees.” 

Finally, in September 2022, former CFTC Commissioner Jill Sommers joined the board of FTX US Derivatives. Somers promised to work closely with regulators and “to further establish FTX US Derivatives as the premier regulated crypto derivatives trading platform.”