Thousands petition for congressional investigation into alleged ties between Gensler and SBF



Ripple Defense Attorney John Deaton's CryptoLaw Website Offers Petition App, and Readers Urge Congress to inspect a suspicious assembly and other supposedly questionable links.

Thousands petition for congressional research of alleged Gensler–SBF hyperlinks
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Nearly 4,000 people have used a CryptoLaw petition app to demand that Congress investigate the "movements in the FTX fraud" of U.S. Securities and Exchange Commission Chairman Gary Gensler, the organization in a tweet on the morning of November 14.

The CryptoLaw website is run by attorney John Deaton, who represents Ripple against the SEC and often contributes to the general public discourse on the case. The petition reads, composing:

"Evidence has emerged that proves that Gensler met with […] [FTX CEO] Sam Bankman-Fried, prior to FTX's $14 billion collapse. Members of Congress already knew that Gensler had cooperated with Bankman-Fried to offer FTX a free regulatory jump while big fraud was happening right under the nose of the SEC […] It's time for a full Congressional investigation into Gensler's role in one of the most Great Currency Frauds in American History."

Gensler's alleged ties to failed FTX and Bankman-Fried, also known as "SBF," began to garner attention almost as soon as the disgraced industry's troubles became public knowledge. , who has a lengthy doc as a crypto proponent, tweeted Nov. 10 that "reports to my office allege he [Gensler] has begun supporting SBF and FTX's work on prison loopholes to get regulatory monopoly".< /p>

Emmer was unapologetic about the source or nature of the reports he cited, but media reports of a 45-minute Zoom town hall on March 23 among seniors suggest Amanda Fischer and senior adviser Corey Frayer from the SEC and representatives from equity alternative IEX and FTX, which includes SBF itself. FTX later.