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The current Chairman of the SEC worked with the CEO of Alameda's dad.

Gensler initially didn't support the FTX bill, but was reportedly lobbying for it a few weeks before FTX collapsed (to be clear: this is a guy who was saying crypto should be regulated, SBF appears with a big chequebook, and he then says that his own regulator shouldn't be doing the regulating...not suspicious at all...).



Crypto may be a magnet for grifters, but in this case the grifters were all mainstream political-media-finance elite.




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