SBF shilled FTX risk model to FDIC chairman Gruenberg prior to collapse


On May 28, 2022, nearly six months before FTX filed for bankruptcy and SBF resigned as the CEO, Federal Deposit Insurance Corporation (FDIC) chairman Martin Gruenberg received an invitation to meet SBF on June 13, 2022, the Washington Examiner reported. The email was mediated by former CFTC commissioner Mark Wetjen, who joined FTX US as the head of policy and regulatory strategy in November 2021.

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