Pat Toomey: “I not only want to thank you for holding this hearing but I also want to take the opportunity to thank the panel of…”

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.

Because I'm focused on the Senate race.

We owe it to each customer to get to the bottom of the FTX implosion, and any violations of the law should be aggressively prosecuted.

I think that there are a number of ways that you can go about creating a regulatory regime to take account of that risk.