> 2. Why was the SEC so toothless here? The head of the SEC, Gary Gensler, 's former boss happens to be the father of the CEO of Alameda-the-scam. SBF and Car

> 2. Why was the SEC so toothless here? The head of the SEC, Gary Gensler, 's former boss happens to be the father of the CEO of Alameda-the-scam. SBF and Caroline Ellison: these fraudsters were very well-connected. As a sidenote early on in the scandal a US senator wrote that there were suspicion that SBF was working hand in hand with corrupted officials to engage in regulatory capture of the cryptocurrencies exchange market. And when did the shit hit the fan for SBF? Once he got very cocky and tweeted how he was going again to DC and how CZ (from Binance) was not allowed to go there. These were SBF's famous last words. CZ answered that SBF wasn't a team player. Then the leak on Coindesk happened and all the articles exposing the SBF/FTX/Alameda scam came out. Ain't it "strange" that it all unfolded after a tweet were SBF was boasting about how he was going to DC while CZ wasn't welcome there?