Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, has actually consented to affirm to Congress following the collapse of his crypto exchange.
In a tweet, Bankman-Fried revealed that we would want to affirm prior to your home Financial Services Committee next week. The disgraced previous CEO stated that “I still do not have access to much of my information– expert or individual. There is a limitation to what I will be able to state, and I will not be as handy as I ‘d like. As the committee still believes it would be helpful, I am prepared to affirm on the 13 th.”
1) I still do not have access to much of my information– expert or individual. There is a limitation to what I will be able to state, and I will not be as useful as I ‘d like.
But as the committee still believes it would work, I want to affirm on the 13 th. https://t.co/KR34 BsNaG1
— SBF (@SBF_FTX) December 9, 2022
FTX, which was among the biggest and most popular cryptocurrency exchanges, all of a sudden collapsed last month, triggering prevalent panic and substantial monetary losses for its consumers. Bankman-Fried, who was running the crypto exchange up till its collapse, was viewed as a hero for the crypto communi