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
Cosmos Developer Interchain Foundation sold 3000 ETH from its ICO today, totaling 21,600 ETH sold…
George Town, Grand Cayman, 22nd November 2024, Chainwire
Inflation Warning by Vanguard highlights risks during Trump’s term, citing tariffs and tighter labor markets…
Clanker token trading volume hit $59.8M on Nov 21, accounting for 14.75% of PumpFun. Fee…
Bitcoin Spot ETF inflows hit $1.005B on Nov 21, led by BlackRock’s $608M and Fidelity’s…
Discover the success story of a New York tech entrepreneur who made $72M from a…
This website uses cookies.