Nvidia Corp. shares ticked higher in the extended session Wednesday after the chip maker's modified servers to China mostly made up for an expected $400 million exposure to a U.S. ban on certain tech sales. Read More...
Reuters
U.S. House committee to hold hearing on collapse of FTX
WASHINGTON (Reuters) -The U.S. House Financial Services Committee said on Wednesday it plans to hold a hearing in December to investigate the collapse of cryptocurrency exchange FTX. The committee said it expects to hear from the companies and individuals involved, including FTX founder Sam Bankman-Fried, Alameda Research, Binance, FTX and related entities, among others. “The fall of FTX has posed tremendous harm to over one million users, many of whom were everyday people who invested their hard-earned savings into the FTX cryptocurrency exchange, only to watch it all disappear within a matter of seconds,” Financial Services Committee Chair Maxine Waters said.
Add Comment