Name: Demonizing Crypto Industry After FTX Collapse 'Fundamentally Unfair:' US Congressman
Uploaded: 2022-12-14T15:25:32.000Z
Duration: 1 min 40 s
Description: U.S. Congressman Rep. Ritchie Torres (D-N.Y.) discusses his take on the legislation needed in the aftermath of FTX's collapse and how much of it is due to fraud. "Demonizing a whole industry based on the fraudulence of one actor is fundamentally unfair," Torres said. "Sam Bankman-Fried is not representative of crypto finance any more than Bernie Madoff is representative of conventional finance."

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Demonizing Crypto Industry After FTX Collapse 'Fundamentally Unfair:' US Congressman | CoinDesk Videos

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