Sam Bankman-Fried Says He ‘Will Testify’ to Congress on FTX Collapse
Sam Bankman-Fried, the former CEO of bankrupt crypto platform FTX, said Sunday that he “will testify” before Congress on the circumstances around the collapse, though his statement left open the possibility that it could be a while before he actually appears before lawmakers—if ever.
Bankman-Fried made the remarks in a response to a Twitter post by House Financial Services Committee Chair Maxine Waters (D-Calif.), who invited the former tech CEO to appear before the committee’s upcoming meeting on Dec. 13.
“@SBF_FTX, we appreciate that you’ve been candid in your discussions about what happened at #FTX. Your willingness to talk to the public will help the company’s customers, investors, and others. To that end, we would welcome your participation in our hearing on the 13th,” Waters wrote….