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US lawmaker questions major crypto exchanges on consumer protection amid FTX collapse

Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin were targets of one senator's probe into protections the firms had in place if a failure similar to FTX’s occurred again.

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

US lawmaker questions major crypto exchanges on consumer protection amid FTX collapse

Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin were targets of one senator's probe into protections the firms had in place if a failure similar to FTX’s occurred again.

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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