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SBF May Not Attend The Hearing Of U.S House Committee On Financial Service

On December 2, when the Chairwoman of the U.S. House Committee On Financial Service Maxine Waters had expressed interest in what Sam Bankman-Fried did in the DealBook Summit and other public discussions, she invited SBF to attend the hearing on December 13. However, SBF appears not to be sure about his presence at the next hearing.

According to a previous tweet from Democrat Maxine Waters, the U.S. House Committee on Financial Services invited Mr.Bankman-Fried to testify at a hearing on the FTX incident on December 13.

On December 5, the former FTX CEO, SBF answered that after he understood and reviewed everything that happened, he was obliged to explain in front of the U.S. House Committee on Financial Services. Although Bankman-Fried said that he is willing to testify if he can, he’s not sure whether he attend the hearing on December 13.

So far, the interview SBF had with Sorkin a few days ago has been his biggest public appearance since the collapse of FTT, the exchange’s native token led to a wave of withdrawals and subsequently resulted in the collapse of FTX. The exchange, which had a $32.2 billion market value, was shut down just a few days after the balance statement of its sister business Alameda was made public.

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Thana

Coincu News

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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