The fallout from Sam Bankman-Fried’s crash and burn leading to Binance having to bail out FTX just gets worse. SBF likely faces criminal charges, and there are early, unconfirmed reports he’s on the lam. He wouldn’t be the first. Meanwhile, one senator is using SBF’s shady doings to promote her bill to provide some clarity and regulation for crypto. Sen. Cynthia Lummis, R-Wyo., says that her bipartisan Lummis-Gillibrand Responsible Financial Innovation Act would provide protection for consumers without stifling the industry.