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Commodity Futures Trading Commission Chairman Rostin Behnam tells the Senate Agriculture Committee in prepared testimony that given the narrative building to think about Ledger X and the entity that regulated because of all the 130 entities in the FTX family, of the few that survived, one is the CFTC regulated entity, his enforcement record in closing out fiscal year 2022 including two and a half billion dollars in assessed penalties on a 320 million dollar budget, looking back to the 2008 financial crisis and tsunami that wiped the financial markets and the economy across the globe, the one area that was sort of a beacon of financial market regulation were clear derivatives and futures markets where customer money was known and returned to owners.