Mysterious White House Visit from FTX: Mysterious Regulatory Discussion?

The mysterious White House visit of Sam Bankman-Fried, the founder and CEO of FTX, one of the highest-volume cryptocurrency exchanges, and the FTX regulation team aroused curiosity in the market.

of the White House shared recently, May 2022 FTX CEO on the visitor list for the month Sam Bankman-Fried and the FTX regulatory team visited the White House in mid-May, and White House Policy Advisor Charlotte Butash There are records of meeting with him.

Bankman’s regulatory compliance team in the visitor logs, Eloria Katz and Mark Wetjen at the meeting with Charlotte Butash and Consultant Steve Ricchetti He was reported to have spoken to However, no bank information about the content of the meeting or the topic was found in the recordings.

While not on the record, experts say your visit is FTX’s futures stock market guesses it’s about solutions. FTX recently launched crypto swaps direct realization made a proposal to the CFTC requesting authorization, but this proposal has not yet been not decided. on the other hand traditional financial actors performing a direct swap high risk excessively, claiming that it contains dangerous had stated.

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