Chairwoman of the US Home Monetary Companies Committee Maxine Waters tweeted on Dec. 5 that FTX founder Sam Bankman-Fried has ample information to testify earlier than Congress on Dec. 13.
.@SBF_FTX,
Based mostly in your position as CEO and your media interviews over the previous few weeks, it’s clear to us that the data you’ve gotten so far is ample for testimony. (1/3) https://t.co/YUVVjOkC40
— Maxine Waters (@RepMaxineWaters) December 5, 2022
Waters mentioned SBF’s a number of media interviews and his earlier position because the bankrupt change CEO had proven the committee that he has sufficient info to testify earlier than it.
In accordance with Waters, FTX’s collapse harmed over a million folks, and SBF’s testimony “wouldn’t solely be significant to Members of Congress however can also be crucial to the American folks.” The lawmaker added:
“It’s crucial that you just attend our listening to on the thirteenth, and we’re keen to schedule continued hearings if there may be extra info to be shared later.”
Earlier, SBF mentioned he was unsure he would attend the congressional listening to on the thirteenth. In accordance with him, he wouldn’t testify till he completed reviewing and studying what occurred to his crypto empire.
His response generated a wave of criticism from the crypto neighborhood, who believed he was making an attempt to keep away from mendacity to Congress beneath oath.
