Rep. Patrick McHenry (R-N.C.) and Rep. Bill Huizenga (R-Mich.) are requesting information relating to the arrest of failed cryptocurrency exchange FTX founder Sam Bankman-Fried from Securities and Exchange Commission (SEC) Chair Gary Gensler.
Huizenga, who is the Oversight and Investigations Subcommittee Chairman, issued a press release saying he and McHenry, who is the chairman of the House Financial Services Committee, demanded records and communications between SEC employees and external communications with the Department of Justice (DOJ) regarding the charges against Bankman-Fried.
The lawmakers were particularly interested in the timing of the charges and arrest, which came just before his scheduled testimony before the House Financial Services Committee….