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Los Angeles Times: Emails reveal Sam Bankman-Fried’s courtship of federal regulators

February 15, 2023

Los Angeles Times: Emails reveal Sam Bankman-Fried’s courtship of federal regulators

“These few emails show that the CFTC had an open-door policy to meet basically whenever FTX wanted to meet, including [with] the then-acting chair,” Dennis Kelleher, president of Better Markets, a nonprofit that advocates for financial regulation, told The Times. “FTX hired former CFTC officials for the purpose, obviously, to access and influence the CFTC, where FTX had a pending radical proposal to dramatically change the structure and operations of clearinghouses.”

 

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