Committee Chair Maxine Waters stated that she expects SBF to testify before the House committee Australian Regulatory body accused FTX Australia of exploiting loopholes to get licensed As more corporations publicly state their exposure to FTX, the bankrupt exchange’s story continues snowballing. Sam Bankman-Fried, the man at the center of it all, has given multiple […]
Australian Regulatory body accused FTX Australia of exploiting loopholes to get licensedtheir exposure to FTX, the bankrupt exchange’s story continues snowballing. Sam Bankman-Fried, the man at the center of it all, has given multiple interviews in an effort to justify his part in it all.
However, the most recent exchange SBF had with a House Committee member increased the likelihood of an outcome against SBF. The chances that the company would be subject to greater examination alongside SBF have increased significantly.former FTX CEO Sam Bankman-Fried. SBF stated that he wished to testify only after “learning and examining what transpired at the exchange.”
Furthermore, on 6 December, Waters tweeted that Bankman-Fried had adequate information for the testimony. This could be stated on the basis of his many media interviews following the firm’s bankruptcy.Based on your role as CEO and your media interviews over the past few weeks, it’s clear to us that the information you have thus far is sufficient for testimony.
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