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Cryptocurrency Cointelegraph

FTX hearing: US lawmakers criticize use of Quickbooks, creepy dough and ‘conscientious stupidity’

Some members of the U.S. House of Representatives questioned whether Sam Bankman-Fried’s actions at FTX and Alameda may have been willful or due to gross incompetence.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

FTX hearing: US lawmakers criticize use of Quickbooks, creepy dough and ‘conscientious stupidity’

Some members of the U.S. House of Representatives questioned whether Sam Bankman-Fried’s actions at FTX and Alameda may have been willful or due to gross incompetence.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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