FTX Co-Founder Sam Bankman-Fried Agrees to Testify Before US Congress – Regulation Bitcoin News

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Former FTX CEO Sam Bankman-Fried (SBF) has agreed to testify at a congressional hearing next week. crypto cryptocurrency

The co-founder of collapsed crypto exchange FTX, Sam Bankman-Fried , has agreed to testify at one of the two congressional hearings set for next week. “I had thought of myself as a model CEO, who wouldn’t become lazy or disconnected,” Bankman-Fried claimed.

“I will try to be helpful during the hearing, and to shed what light I can on FTX US’s solvency and American customers, pathways that could return value to users internationally, what I think led to the crash, [and] my own failings,” he detailed in a follow-up tweet, elaborating: I had thought of myself as a model CEO, who wouldn’t become lazy or disconnected, which made it that much more destructive when I did. I’m sorry. Hopefully people can learn from the difference between who I was and who I could have been.

Another congressional hearing is set for Wednesday, Dec. 14. U.S. Senator Sherrod Brown , chair of the Committee on Banking, Housing, and Urban Affairs,to Bankman-Fried last week requesting him to testify. At the time of writing, the former FTX CEO has not agreed to testify before the Senate committee.

FTX filed for bankruptcy on Nov. 11 and Bankman-Fried stepped down as the CEO. The company is now being

 

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I think all the money Sam gave out to ,they all need to give it back! Like now! And make everyone whole again!

Why is tornado cash dev in jail and this monkey can testify?

What happen when you lie there? Nothing like many others before?

In person?

Over/Under on the amount of times he’s says “I don’t recall”

Im sure it will be fine….

Can’t wait to hear, love watching scenes her blowing kisses to him! What has she ever done to help improve lives of TEXAS!

Arrest him.

jail is where he should be, democrats ignore the law ?

Lock him up. He can testify in an orange jumpsuit.

Was Bernie Madoff asked to testify before congress? No, he was not. He was arrested and thrown in jail. SBF_FTX has already admitted guilt to the crimes. He should be sitting in a jail cell awaiting trial no different than Madoff.

They had better grill his ass. Hard.

ruh roh scooby doo. They are going to flip on each other!!

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Sorry I don’t recall

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