UK Lawmaker Says Binance's Evidence on FTX Collapse Inadequate

Evidence submitted by Binance to the UK Treasury Committee regarding its planned sale of FTX's native FTT token and due diligence conducted on the failed exchange was unacceptable, according to committee member and Scottish National Party lawmaker Alison Thewliss. "I'm sure the committee will be asking more questions to get to the detail of what happened," Thewliss said during an interview with Bloomberg's Lizzy Burden. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en