US Congressman Brad Sherman called on the executives of the US Federal Express Corporation (FTX) to exert pressure on Washington City, and excessive lobbying restricted the data encryption control law.

The Democratic legislator indicated that he now plans to explore the federal government's laws to improve control over the encryption space after the collapse of the digital asset exchange FTX.

Sherman is the chairman of the investor protection and financial market working group committee. In a statement, she said that, because FTX executives spent tens of millions of dollars on campaign donations and lobbying, the strict regulation of digital currency has not made progress.

"In the next few weeks, I plan to work with friends in the U.S. Congress to scientifically study the federal government law option. Up to now, billionaire data encryption friends can give millions of dollars of campaign donations and lobbying expenses to Washington, the United States, to block the unremitting efforts of valuable laws. It is useful for former FTX CEO Sam Bankman Fried's Political contributions to Democrats; Most of them were used in the first trial (most of them were unsuccessful), not to help the Democratic Party defeat the Democratic Party of the United States. However, you can also see that Ryan Salame, the FTX data sales market co CEO of the company's headquarters in the Bahamas, donated more than 23 million dollars to candidates and campaign teams of the Democratic Party of the United States in 2022.

If you think that FTX harms Washington's unremitting efforts, you need to think about the two CEOs, not just the weird jerks in super shorts. "

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