Texas financial regulators: FTX has not faced enforcement action and is gathering information

ChainCatcher news, according to The Block, Joseph Rotunda, the director of the enforcement division of the Texas State Securities Board, stated that regulators have not yet commented on whether the cryptocurrency exchange FTX has violated any laws, "We are gathering information," and no enforcement action has been taken.

According to a previous report by ChainCatcher, the Texas State Securities Board and others are investigating FTX US and its founder Sam Bankman-Fried (SBF), claiming that they may have offered unregistered securities services to U.S. residents in the form of yield deposit accounts. (The Block)