[ad_1] <br><div><div><p class="wpml-ls-statics-post_translations wpml-ls"> <span class="wpml-ls-slot-post_translations wpml-ls-item wpml-ls-item-en wpml-ls-current-language wpml-ls-first-item wpml-ls-last-item wpml-ls-item-legacy-post-translations"><a target="_blank" href="https://sfstandard.com/technology/is-it-doggy-coin-or-dogey-coin-house-hearing-on-ftx-collapse-kicks-off-in-hilarious-fashion/" class="wpml-ls-link" rel="noopener"><span class="wpml-ls-native">English</span></a></span></p> <p>A U.S.Home <a target="_blank" href="https://www.cnbc.com/2022/12/13/live-updates-ftx-collapse-house-lawmakers-hold-hearing-following-arrest-of-founder-sam-bankman-fried.html" rel="noreferrer noopener">investigation into crypto firm FTX’s collapse</a> began in a hilarious trend Tuesday morning in Washington, D.C.</p>
<p>Lawmakers began robust, asking the hard-hitting questions. </p>
<p>“Is it Doggy Coin or Dogey Coin?” requested Democratic Colorado Rep. Ed Perlmutter. </p>
<p>The purpose of the listening to is to probe the failed FTX cryptocurrency alternate, an organization created by 30-year-old Bay Space native <a target="_blank" href="https://sfstandard.com/business/sam-bankman-fried-charged-with-defrauding-investors/" rel="noopener">Sam Bankman-Fried</a>. </p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"> <blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">"Are you aware how a lot was in tokens? So for example I've Dogecoin. I do not know even know you say it. However I've 10 Dogecoin. Which a 12 months in the past — Is it doggy coin or Dogey coin. Doge. Dogecoin. I've 10 Dogecoins…" <a target="_blank" href="https://t.co/TMHVlKOCqW" rel="noopener">pic.twitter.com/TMHVlKOCqW</a></p>— Howard Mortman (@HowardMortman) <a target="_blank" href="https://twitter.com/HowardMortman/status/1602705087159222272?ref_src=twsrc%5Etfw" rel="noopener">December 13, 2022</a></blockquote> </div></figure>
<p>Dogecoin—pronounced “dohj koin”—is a sort of cryptocurrency created by software program engineers Billy Markus and Jackson Palmer. It was created as a joke, bearing the picture of a much-memed shiba inu canine. </p><div class="post thumbnail-seealso post-103163 type-post status-publish format-standard has-post-thumbnail hentry category-business category-technology tag-ftx tag-sam-bankman-fried thb-post-share-style3"> <span class="thb-seealso-text">See Additionally</span> <div class="flex flex-col items-center see-also-margin"> <div class="flex flex-row items-center"> <figure class="post-gallery"> <a target="_blank" href="https://sfstandard.com/business/fears-of-sf-holiday-shopping-mayhem-as-macys-staff-threaten-strike/" rel="noopener"><img width="180" height="180" src="https://sfstandard.com/wp-content/uploads/2022/09/AssessmentAppeals0921922_INLINED03-180x180.jpg" class="attachment-theissue-thumbnail-x2 size-theissue-thumbnail-x2 wp-post-image" alt="" loading="lazy" srcset="https://sfstandard.com/wp-content/uploads/2022/09/AssessmentAppeals0921922_INLINED03-180x180.jpg 180w, https://sfstandard.com/wp-content/uploads/2022/09/AssessmentAppeals0921922_INLINED03-150x150.jpg 150w, https://sfstandard.com/wp-content/uploads/2022/09/AssessmentAppeals0921922_INLINED03-90x90.jpg 90w, https://sfstandard.com/wp-content/uploads/2022/09/AssessmentAppeals0921922_INLINED03-20x19.jpg 20w, https://sfstandard.com/wp-content/uploads/2022/09/AssessmentAppeals0921922_INLINED03-24x24.jpg 24w, https://sfstandard.com/wp-content/uploads/2022/09/AssessmentAppeals0921922_INLINED03-48x48.jpg 48w, https://sfstandard.com/wp-content/uploads/2022/09/AssessmentAppeals0921922_INLINED03-96x96.jpg 96w" sizes="(min-width: 1001px) 650px, (min-width: 768px) 550px, 100vw"/></a> </figure>
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<p>The Home Monetary Providers Committee is probing the crypto alternate’s implosion, following the lack of thousands and thousands of {dollars} of investor funds when the agency collapsed in November. </p>
<p>On Tuesday, Bankman-Fried, now generally known as SBF, <a target="_blank" href="https://sfstandard.com/business/sam-bankman-fried-charged-with-defrauding-investors/" rel="noopener">was charged with numerous counts of fraud</a> in relation to the collapse of FTX. </p>
<p>SBF was set to seem on the listening to on Tuesday, however was as an alternative arrested Monday within the Bahamas the place FTX was primarily based.</p> <p class="wpml-ls-statics-post_translations wpml-ls"> <span class="wpml-ls-slot-post_translations wpml-ls-item wpml-ls-item-en wpml-ls-current-language wpml-ls-first-item wpml-ls-last-item wpml-ls-item-legacy-post-translations"><a target="_blank" href="https://sfstandard.com/technology/is-it-doggy-coin-or-dogey-coin-house-hearing-on-ftx-collapse-kicks-off-in-hilarious-fashion/" class="wpml-ls-link" rel="noopener"><span class="wpml-ls-native">English</span></a></span></p></div></div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <br>[ad_2] <br><a href="https://news.google.com/__i/rss/rd/articles/CBMifmh0dHBzOi8vc2ZzdGFuZGFyZC5jb20vdGVjaG5vbG9neS9pcy1pdC1kb2dneS1jb2luLW9yLWRvZ2V5LWNvaW4taG91c2UtaGVhcmluZy1vbi1mdHgtY29sbGFwc2Uta2lja3Mtb2ZmLWluLWhpbGFyaW91cy1mYXNoaW9uL9IBAA?oc=5">Source link </a>