FTX founder Sam Bankman-Fried has agreed to testify before the House Financial Services Committee at a hearing about the crypto exchange’s collapse, he said in a series of tweets.
There's been a lot of back and forth in Washington over whether lawmakers would have to, who said he would voluntarily testify since the committee "still thinks it would be useful." It was unclear whether he would show up on Capitol Hill in person or stay in the Bahamas where he's been holed up for much of the time since his company filed for bankruptcy last month, holding interviews with reporters.
The ex-CEO of FTX has been on a media blitz the last month talking about the implosion of his crypto empire, but this will be the first time the public has the chance to hear from SBF under oath. "I won't be as helpful as I'd like. But as the committee still thinks it would be useful, I am willing to testify on the 13th," continued the post.
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