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FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers

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A number of Republican senators were no-shows at the FTX hearing, and the crypto views of Sen. Tim Scott, (R-S.C.), who is set to serve as the committee’s ranking Republican in the next congressional session, remain an open question. He’s replacing Sen. Pat Toomey (R-Pa.) in that role, and Toomey has been one of the industry’s most reliable defenders on Capitol Hill.

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