The former CEO of the failed cryptocurrency exchange FTX said in a tweet Friday that he is willing to testify to Congress next week, but that he will be limited in what he can say and that he “won’t be as helpful” as he’d like to be.
CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill Dec. 8, 2021, in Washington, D.C.
The tweet came in response to a tweet from House Financial Services Committee Chair Maxine Waters, who on Monday requested that Sam Bankman-Fried attend next week’s hearings over the collapse of FTX. Waters said in a series of tweets to Bankman-Fried that based on multiple media interviews since FTX collapsed that it was “clear to us that the information you have thus far is sufficient for testimony.
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Ex-FTX CEO Bankman-Fried says he will testify to CongressThe former CEO of the failed cryptocurrency exchange FTX said in a tweet Friday that he is willing to testify to Congress next week, but that he will be limited in what he can say and that he “won't be as helpful” as he'd like to be. The tweet came in response to several tweets earlier this month from House Financial Services Committee Chair Maxine Waters, who had requested that Sam Bankman-Fried attend next week's hearings over the collapse of FTX. Waters, a California Democrat, said in a series of tweets to Bankman-Fried that based on multiple media interviews since FTX collapsed, it was “clear to us that the information you have thus far is sufficient for testimony.”
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