Pat Toomey: “Now is the time to tackle this problem, to protect our vital infrastructure and American competitiveness.”

There was unauthorized lending of customer assets to an affiliated entity, and there were apparently fraudulent promises to investors and customers about FTX's operations.

I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.

Cryptocurrencies can protect against inflation when Governments irresponsibly manage their own currencies.

Congress can and should offer a sensible approach for the domestic regulation of these activities.