Rep. Torres asks US GAO to investigate SEC's 'failure' to protect public from FTX
Torres is a crypto proponent who has previously questioned the performance of the SEC; he drafted new legislation on proof of reserves of crypto companies and mixing of funds.
![Rep. Torres asks US GAO to investigate SEC 'failure' to protect public from FTX](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/121c4ca2-2f70-49c2-8736-99037da6ccf9.jpg)
![Rep. Torres asks US GAO to investigate SEC's 'failure' to protect public from FTX](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMTIxYzRjYTItMmY3MC00OWMyLTg3MzYtOTkwMzdkYTZjY2Y5LmpwZw==.jpg?#)
Torres is a crypto proponent who has previously questioned the performance of the SEC; he drafted new legislation on proof of reserves of crypto companies and mixing of funds.
![Rep. Torres asks US GAO to investigate SEC 'failure' to protect public from FTX](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/121c4ca2-2f70-49c2-8736-99037da6ccf9.jpg)
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