The proposal by Chairwoman Jessica Rosenworcel aims to prohibit robocall scams under the Telephone Consumer Protection Act, a 1991 law regulating automated political and marketing calls made without the receiver’s consent.
The authorities raised concerns about commercial crypto draining kits, which allow novice cybercriminals to arm up with sophisticated malware at no upfront costs.
Representatives Patrick McHenry, Mike Flood and French Hill called for an additional 60 days for a CFPB proposal to consider the impact on digital assets.
According to FTX’s legal team, no investors were “ready to commit the needed capital” to launch FTX 2.0, citing the failures of former CEO Sam Bankman-Fried.