FTX’s Sam Bankman-Fried Agrees to Testify Before Congress
FTX founder Sam Bankman-Fried confirmed Friday that he would testify before Congress, responding to recent demands from the House Financial Services Committee about the crypto exchange’s collapse.
This week, House Financial Services Committee Chair Maxine Waters (D-Calif.) wrote that a subpoena for Bankman-Fried to testify next week “is definitely on the table.” A subpoena has not yet been issued, and Waters indicated that he was “requested to testify” on Dec. 13 instead.
“I still do not have access to much of my data — professional or personal. So there is a limit to what I will be able to say, and I won’t be as helpful as I’d like. But as the committee still thinks it would be useful, I am willing to testify on the 13th,” he wrote in response to a Waters post on Twitter….