US lawmakers set to grill Sam Bankman-Fried on the collapse of FTX | CNN Business

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With his vast crypto empire in ruins, Sam Bankman-Fried is preparing to be grilled by US lawmakers who are demanding answers about how his digital asset exchange, FTX, came unraveled, leaving at least a million customers unable to access their funds.

Bankman-Fried tweetedf Friday that he was willing to appear Tuesday before the House Financial Services Committee, which is investigating the crypto-industry titan’s spectacular collapse last month. The 30-year-old entrepreneur, who resigned as CEO at the same time FTX and dozens of affiliated companies filed for bankruptcy, said there would be a “limit to what I will be able to say, and I won’t be as helpful as I’d like,” in response to Rep.

Raising the stakes In the weeks since his companies collapsed, multiple investigations, including a criminal probe into FTX and its sister hedge fund, Alameda, have begun that could lead to charges against Bankman-Fried, legal experts say. At the same time, SBF has been regularly tweeting and granting interviews with the media, casting himself as a somewhat bumbling but ultimately well-meaning chief executive who got out over his skis.

 

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It is so embarrassing that after TWELVE years,US and UK journalism cannot get the facts right about the Assange case: there were NEVER EVER *charges* in Sweden.Never ever, repeat it with me: never ever charges in Sweden! Never ever:

The modern liberal thief … disgusting he will be fried …. 😩😩

Hey CNN, any coverage of the TWITTER FILES?

BidenCrimeFamilly

Grill him good on both sides

Sam Bankman-Fried is Trying to Play Dumb. But he knows where the Money is. If The Criminal Justice System needs to jar his memory? Let him sit in Jail until he Confesses & tell the Courts where the People’s Money is at? He’s a Lying Dirty Con Artist. Arrest him & all his Friends

CNN lnternational

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Meanwhile the Justice Department is 'split' on whether to charge Binance when SBF is roaming free. At least people with tokens in Binance wallets didn't get taken for a ride to fund Ukrainian war money laundering scams so RepMaxineWaters can live large.

Ya he really cares

It's funny that CNN has 14 million followers but can barely get a 100 likes on their posts 🤣

He should wear his shorts and t-shirt to that event

He should be in jail, but because he gave a lot of money to the politicians, he's not. that's how it works.

The money went to the Democratic Party!

Um.... um... um.... I wasn't involved with the oversite of it... duh duh duh, don't know how it happened, but I should have... um... um... duh duh duh. There, I gave you a preview of it.

Because it was always a con and it's easier to pull it off with the lack of regulation around crypto.

So he will be “grilled” by the lawmakers that he donated millions to to help them get elected. Oh, I’m sure they will really turn up the heat 🙄 electionfraud

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FTX ex-CEO Sam Bankman-Fried says he wants to start a new businessSam Bankman-Fried, the disgraced founder of the failed crypto-exchange FTX, says he wants to start a new business to help his investors make back the money they lost in the crash. Somebody find a way to handcuff this guy and bring him into custody? He should! While he is in jail!
Source: FoxBusiness - 🏆 458. / 53 Read more »