According to his tweet in response to Maxine Waters, SBF stated that he will not be helpful due to his limitation of having access to the firm’s data, but he is willing to testify at the hearing as the committee still considers his presence to be useful.
The founder of FTX expressed a sense of willingness to attend the imminent hearing, in which SBF said that he will try to be as helpful as possible by clarifying information about FTX US’s solvency and US customers, and actions that can be taken in order to return money to international users. Beside that, Bankman-Fried will also give his opinion on the root that caused the collapse of FTX and his own failures.
Additionally, Sam Bankman-Fried said that he once considered himself a model CEO who has no sense of laziness or being disconnected while hoping people can learn from the difference between what he was and what he could have been.
Previously, Bankman-Fried responded to Three Arrows Capital co-founder Zhu Su who said that it is unfortunate given how long crypto society and the media have let SBF’s sham continue.
Coincu will continue to update the situation related to Sam Bankman-Fried, you can find out more information through this article.
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
BlockDAG crosses $170.5M in presale success with BDAG250 bonus and Whitepaper V3 launch! Solana grows…
Discover why Qubetics, Toncoin, and XRP are the best coins to invest in right now.…
Over the years, meme coins have evolved from inside jokes into serious investment opportunities.
Discover BlockDAG's five-tier bonus program's closing phases that enhance buyer holdings. Gain insights on the…
Discover why Qubetics, Solana, and Cardano are redefining the crypto landscape. Learn about milestones, price…
Discover why Qubetics, NEAR Protocol, and Immutable X are the best altcoins to join today,…
This website uses cookies.