The new advocacy group already represents over half the country’s Bitcoin hash rate and will seek to shape energy policy and champion Bitcoin and blockchain.
A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son nor FTX US satisfied concerns around his $200,000 annual salary.
“It is more than likely that BAM still doesn’t understand what Ceffu is,” the SEC stated after trying to untangle the web of relationships between entities.