US House committee chair pushes back against SBF's excuse to potentially delay testimony

Cointelegraph

Published Dec 05, 2022 04:47PM ET

Updated Dec 05, 2022 06:20PM ET

Maxine Waters (NYSE:WAT), chair of the United States House Financial Services Committee, has called out former FTX CEO Sam Bankman-Fried for announcing on social media he intended to testify after “learning and reviewing what happened” at the exchange.

In a Dec. 5 Twitter thread, Waters cited Bankman-Fried’s numerous media interviews in the wake of FTX’s bankruptcy as evidence that his information was “sufficient for testimony” before the committee. Waters will preside over a hearing investigating the collapse of FTX on Dec. 13, in which committee leadership said they expected Bankman-Fried and other individuals associated with the events around the exchange’s downfall to appear.

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