US Senators Urge Department of Justice To Hold FTX Accountable to Full Extent of the Law for Massive Collapse

US Senators Urge Department of Justice To Hold FTX Accountable to Full Extent of the Law for Massive Collapse


Two US Senators are publicly calling upon the Justice Department to hold disgraced and bankrupt crypto exchange FTX accountable for its massive collapse earlier this month.

In a letter addressed to Attorney General Merrick Garland and Assistant Attorney General Kenneth Polite, Jr., Senators Elizabeth Warren and Sheldon Whitehouse say that FTX’s executives should face the full extent of the law.

“Given the Department’s commitment to holding perpetrators of white-collar crime personally accountable,
we expect DOJ to investigate the actions leading to the collapse of FTX with the utmost scrutiny.”

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While it’s still unclear which exact laws FTX and its CEO Sam Bankman-Fried violated and whether they are within US jurisdiction, the Senators ask the Department to persue prosecution.

“As this situation unfolds, new facts will

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