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FTX founder Sam Bankman-Fried says he'll testify before Congress | CNN Business

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Sam Bankman-Fried, the founder of the failed crypto exchange FTX, has agreed to testify before the Senate Banking Committee next week as questions and confusion swirl about the collapse of his companies.

On Friday, he tweeted that he’s “willing to testify on [December] 13th” and said he will “try to be helpful, and to shed what like I can” about several of lawmakers’ concerns, including FTX US’ solvency, “pathways” that could return “value” to users, what he thinks about what led to the crash, and, finally, his “own failings.” “I had thought of myself as a model CEO, who wouldn’t become lazy or disconnected,” Bankman-Fried wrote on Twitter. “Which made it that much more destructive when I did.

Elizabeth Warren of Massachusetts and Tina Smith of Minnesota, both Democrats, sent letters to three regulators – the Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency – asking them to assess the traditional banking system’s exposure to turmoil in the crypto space, a largely unregulated, parallel financial system. “Crypto firms may have closer ties to the banking system than previously understood,” Warren and Smith wrote.

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I know he's still not in jail .It's a broken record!

And nothing about the Twitter files? cnn communism at its best.

We're sure the Democrats will be returning all the illicit boodle Bankman-Fried donated to their campaigns. Right?

Democrats will sheild him from prosecution just watch how their Democracy works

AliMoazzami a twenty-year-old freedom fighter According to some reports the regime of the Islamic Republic wants to execute him tomorrow for wanting freedom and without committing a crime. Please be our voice! MahsaAmini

AliMoazzami a twenty-year-old freedom fighter According to some reports the regime of the Islamic Republic wants to execute him tomorrow for wanting freedom and without committing a crime Please be our voice and support MahsaAmini

A billion dollars at least laundered to the DNC, its gonna be fun to watch, but nothing will happen. The DOJ and FBI are puppets of the DNC

One Question... Has any of the Democrats returned the 10's of millions $$$ in campaign donations stolen from the FTX investors? Some of them sit on the House committee.

Every answer- 1- I don’t recall 2-I wasn’t involved with that 3-I don’t know the details

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FTX founder Sam Bankman-Fried is said to face market manipulation inquiry by U.S. prosecutors - NYTU.S. federal prosecutors are investigating whether FTX's founder Sam Bankman-Fried manipulated the market for two cryptocurrencies this May that led to their collapse and resulted in the implosion of his own cryptocurrency exchange, the New York Times reported on Wednesday. I think he’s innocent You could even hide millions of dollars in that hair Oh no...not an 'inquiry' I'm sure this austitc criminal is shaking in his boots. Jokes aside arrest SBF already.
ソース: Reuters - 🏆 2. / 97 続きを読む »

Former FTX CEO Sam Bankman-Fried hit with campaign finance complaint over GOP 'dark' moneyCREW's campaign finance complaint against Sam Bankman-Fried comes nearly a month after his FTX crypto exchange filed for bankruptcy protection. He will be popular in prison He will need to review the records, which he does not presently have access to, before he can fully respond. 😂 how about Dem dark money
ソース: CNBC - 🏆 12. / 72 続きを読む »