Brad Sherman Tears into FTX, Calls Cryptocurrency a “Garden of Snakes” ...Middle East

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During the long-awaited congressional hearings on FTX’s collapse on Tuesday, Democratic Representative Brad Sherman wasted no time making his stance clear on the crypto industry, nor on Sam Bankman-Fried’s role within it.“My fear is that we will view Sam Bankman-Fried as just one big snake in a crypto Garden of Eden. The fact is, crypto is a garden of snakes,” said Sherman, the only House member to receive an “F” from crypto advocacy group Crypto Action Network.“Is there a big advantage that crypto has over the U.S. dollar if it actually became a currency which it’s not yet?” Sherman posed. “Well, there are drug dealers, human traffickers, sanctions evaders who will find that to be a good fe

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