The Financial Services Committee of the U.S. House of Representatives has announced that it will hold a public hearing next month over the bankruptcy of FTX Trading, a major cryptocurrency exchange.
The number of creditors is likely to exceed 1 million, and the focus is on whether the assets of the customers can be preserved and returned.
FTX Trading, a major cryptocurrency exchange company, filed for Article 11 of the Federal Bankruptcy Law for its company and about 130 group companies, including a Japanese corporation, and filed for bankruptcy on the 11th.
In response, the Financial Services Committee of the US House of Representatives announced on the 16th that it will hold a public hearing next month on the bankruptcy and implications of FTX.
He plans to hear from people involved, including Mr. Bankman-Fried, who served as CEO until the bankruptcy.
FTX operates internationally and, according to the documents submitted to the court so far, the number of creditors is likely to exceed 1 million. It has become.
Waters, chairman of the Financial Services Commission, pointed out that ``FTX's fall caused serious damage to more than 1 million users,'' and clarified legislative measures that Congress should take to prevent a recurrence. , the debate over regulation of the cryptocurrency industry is likely to become active.