but who will regulate the regulators?
Minnesota Representative Tom Emmer says his office is looking into allegations of a conspiracy between the U.S. Securities and Exchange Commission (SEC) chairman and embattled crypto exchange FTX.
According to Emmer, his office received reports that SEC chair Gary Gensler was helping FTX and its CEO, Sam Bankman-Fried (SBF), acquire a regulatory monopoly in the crypto space.
The legislator did not present any evidence to back up his claim but says that his office is conducting an investigation into the matter
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