News

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.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

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.

Recent Posts

Tether Profits Hit Record In Q1 With $4.52 Billion

The surge in Tether profits was primarily driven by approximately $1 billion in net operating…

22 mins ago

New meme coin launch $ROCKY surges past $20M Market cap in 3 days, defying the market trends

London, UK, May 1st, 2024, ChainwireThree days into its existence, $ROCKY, the latest meme coin…

40 mins ago

Chinese Police Nab Suspect for False Identity Scheme in STRK Airdrop Scam

Chinese law enforcement authorities have apprehended a suspect involved in a sophisticated scheme targeting the…

3 hours ago

Vitalik Warns Against Hardware Wallet Risks, Advocates Multisig Approach for Security!

Ethereum co-founder Vitalik Buterin has issued a stark warning about the risks associated with traditional…

3 hours ago

Bitcoin Monthly Performance Hits Worst Level Since Late 2022 In April

Bitcoin monthly performance was truly dismal in April, the value of Bitcoin plummeted by nearly…

5 hours ago

World of Dypians Offers Up to 1M $WOD and $225,000 in Premium Subscriptions via the BNB Chain Airdrop Alliance Program

Tortola, BVI, May 1st, 2024, ChainwireWorld of Dypians (WOD) - an immersive, revolutionary MMORPG available…

6 hours ago

This website uses cookies.