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

Hull Invest

U.S. House Financial Services Committee Chairman Maxine Waters says on Dec. 5 that FTX founder Sam Bankman-Fried has enough knowledge to testify before Congress on Dec. 13. tweeted.

Waters said several SBF media interviews and his previous role as CEO of the bankrupt exchange showed the commission that he had enough information to testify before the commission. rice field.

According to Waters, the collapse of FTX affected more than one million people, and SBF’s testimony “is not only meaningful to members of Congress, but important to the American people.” Added.

“It is imperative that you attend the hearing on the 13th. We plan to continue hearing if we have more information to share later.”

Earlier, the SBF said it was unsure if it would attend the parliamentary hearings on Wednesday. According to him, he won’t testify until he has reviewed and learned what happened to his crypto empire.

His response sparked a wave of criticism from the crypto community, who believed he was trying to avoid lying to Congress under oath.

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