On the recordJanuary 7, 2014
If you do not do that, there is not a person in the world--you know, I have been there.
Source
congress.govIf you do not do that, there is not a person in the world--you know, I have been there.
Toomey emphasizes the necessity of establishing a structure to discourage risky behavior.
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It is absolutely essential to investigate any fraud and violations of existing law, and prosecute those who are committing those crimes.
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.
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.