Home » World News » Sam Bankman-Fried says he will testify before House when he's 'finished learning and reviewing what happened'
Sam Bankman-Fried says he will testify before House when he's 'finished learning and reviewing what happened'
FTX investor: Mainstream media shouldn’t give Sam Bankman-Fried a stage
FTX investor Evan Luthra joins ‘The Evening Edit’ to share his reaction to Sam Bankman-Fried’s interview with The New York Times.
FTX founder Sam Bankman-Fried said on Sunday that he will testify before the House Financial Services Committee, but suggested he may not be ready to do so before a planned hearing on Dec. 13.
"Rep. Waters, and the House Committee on Financial Services: Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain. I'm not sure that will happen by the 13th. But when it does, I will testify," Bankman-Fried tweeted on Sunday afternoon.
FTX, the cryptocurrency exchange once worth $32 billion that Bankman-Fried founded, filed for bankruptcy last month. John Ray III, who took over as CEO at FTX after Bankman-Fried resigned, wrote in bankruptcy filings that the company was "in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals" due to the "complete failure of corporate controls."