TechFlow news, Alison Thewliss, a member of the UK Treasury Committee and Scottish National Party MP, said in an interview with Bloomberg that Binance's evidence submitted to the UK Treasury Committee is unacceptable. The evidence relates to Binance's plans to sell FTX's native token FTT and its due diligence on FTX. Thewliss stated that the committee will raise further questions to understand the details of what occurred.
Previously, it was reported that Binance denied accusations from UK lawmakers that it deliberately brought down FTX. Binance sent a five-page document to the UK Parliament's Treasury Committee outlining the series of events leading to FTX's collapse. Binance stated the initial catalyst was a CoinDesk article claiming that a significant portion of Alameda Research's assets consisted of FTT tokens, adding, "It is clear that the cause of FTX’s collapse was the financial misconduct and potential fraud initially reported by CoinDesk’s article on November 2."Original link
