U.S. House Committee says SBF has sufficient knowledge to testify

Chairwoman of the US  Home Monetary Companies Committee Maxine Waters tweeted on Dec. 5 that FTX founder Sam Bankman-Fried has enough information to testify earlier than Congress on Dec. 13.

Waters stated SBF’s a number of media interviews and his earlier position because the bankrupt change CEO had proven the committee that he has sufficient data to testify earlier than it.

In keeping with Waters, FTX’s collapse harmed over a million individuals, and SBF’s testimony “wouldn’t solely be significant to Members of Congress however can be crucial to the American individuals.” 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 data to be shared later.”

Earlier, SBF said he was unsure he would attend the congressional listening to on the thirteenth. In keeping 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 underneath oath.

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