FTX's Sam Bankman-Fried is expected to testify before Congress, consumer inflation may remain elevated and Delta to deliver investor update.
Friday will see a second FTX hearing on a motion regarding releasing the full list of creditors to FTX, which would include names and email addresses.
Friday will also mark the last day of a stop-gap funding bill for the federal government, leaving three options,the passing of a new budget, or another stop gap bill pushing the problem to the new year. The last of the earnings for the week will occur before markets open from Accenture, Darden Restaurants and Winnebago, the manufacturer of motorhomes and Chris-Craft boats.
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US prosecutors are reportedly investigating FTX founder Sam Bankman-Fried for fraud | EngadgetIn a recent meeting between FTX, federal prosecutors and FBI agents, Justice Department officials asked for documents from the crypto exchange..
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FTX Co-Founder Sam Bankman-Fried Agrees to Testify Before US Congress – Regulation Bitcoin NewsSam Bankman-Fried (SBF), former CEO of collapsed crypto exchange FTX, has agreed to testify at a congressional hearing next week.
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Sam Bankman-Fried’s parents no longer on the Stanford Law School rosterWhile SBF’s father canceled his winter session course on tax policy, his mother was not listed on any of the law courses.
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