House Panel Seeks Documents in Probe of FTX’s Blowup

  • Panel seeks details on liquidity issues, use of customer funds
  • Sets Dec. 1 deadline for FTX to turn over information

Raja Krishnamoorthi

Photographer: Ting Shen/Bloomberg
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The chair of a House panel is asking FTX to turn over documents and information as part of its investigation into the collapse of the once-prominent crypto platform.

“I am extremely troubled by recent news surrounding the collapse of FTX Trading Ltd. (FTX), including its affiliated entity FTX US, and the potentially significant harm that FTX’s bankruptcy will cause to American consumers and investors,” Representative Raja Krishnamoorthi, who leads the House Oversight Subcommittee on Economic and Consumer Policy, wrote Friday.