Sam Bankman-Fried wanted to let retail investors borrow money to trade crypto derivatives: CFTC head

(CNBC) Sam Bankman-Fried, co-founder of bankrupt crypto firm FTX, spent almost a year trying to convince regulators to let him introduce a derivatives product that would allow retail investors to trade with borrowed money, according to Rostin Behnam, chairman of the Commodity Futures Trading Commission.

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