News

SBF Urgently Needs To Attend The U.S Investigation

On December 2, the Chairwoman of the U.S. House Committee On Financial Service, Maxine Waters invited SBF to attend the hearing on December 13, but Sam Bankman-Fried appears not to be sure about his presence at the hearing. However, the Chairwoman emphasized the imperative of SBF’s attendance in a response to his hesitation.

Previously, the former FTX CEO, SBF stated that he had not been sure whether he attended the hearing on December 13 in reply to the invitation of Maxine Waters.

At the moment, the Chairwoman of the U.S House Committee On Financial Service responded aggressively to his hesitation against the thereof invitation saying that there should be a testimony as Sam Bankman-Fried’s responsibility.

The collapse of FTX has harmed over one million people. Your testimony would not only be meaningful to Members of Congress, but is also critical to the American people.

Maxine Waters added

At the end of the response, the Chairwoman emphasized “It is imperative that SBF attend the hearing on the 13th“. It seems to be compulsive for Mr.Bankman-Fried to attend the investigation. Besides, the hearing title is “Investigating the Collapse of FTX, Part I“, which means that the founder of FTX will have to attend more additional courts in the near future.

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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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