CFTC Chair Michael Selig emphasized the need for robust measures to prevent market manipulation and fraud in the U.S., aiming to avert a repeat of the FTX collapse. Speaking on The All-In Podcast on March 12, 2026, Selig highlighted the importance of safeguarding the financial system from similar failures. SEC Chair Paul Atkins pointed to Ledger X, a CFTC-regulated platform, as a successful example of protecting customer funds during the FTX crisis. Atkins noted that Ledger X's strict account segregation demonstrated the effectiveness of strong regulatory oversight in maintaining market integrity while fostering innovation.