Crypto-Friendly Retirement Fund Legislation Sparks Controversy

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The Street

By Rob Lenihan While the crypto world reels from the FTX collapse, one state attorney general calls for legislation that would ban investing retirement funds in cryptocurrencies. Elvis sang about a blue Christmas, but cryptocurrency investors are beating the holiday rush. The crypto sector has been reeling from the stunning collapse of the FTX cryptocurrency exchange. Founder Sam Bankman-Fried was the company face of the crypto space until the company filed for Chapter 11 bankruptcy on Nov. 11 when it ran out of cash and could not meet the demands of its panicked customers who wanted to liquid…

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