Crypto Twitter Reacts To SBF Refusing To Testify Before US Congress

Former FTX CEO Sam Bankman-Fried refuses to attend the U.S. House Committee on Financial Services scheduled hearing on December 13. Financial Services Committee Chair Maxine Waters invited SBF to testify before the committee as part of their investigation into the collapse of the crypto exchange FTX.

SBF Publicly Declines Scheduled U.S. House Hearing

Sam Bankman-Fried in a tweet on December 5 refuses to attend the scheduled U.S. House Committee on Financial Services hearing entitled, “Investigating the Collapse of FTX, Part I.” on December 13. He claims to testify before the committee after he’s finished learning and reviewing what went wrong at FTX.

Responding to Maxine Waters and U.S. House Committee on Financial Services, he said:

“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.”

Chairwoman Maxine Waters and Ranking Member Patrick Henry urged Sam Bankman-Fried to testify if he really wants to help the company’s customers, investors, and others. However, SBF publicly denying a scheduled U.S. House hearing has raised questions over his influence in U.S. politics.

Some even questioned why Maxine Waters leads the investigation into FTX collapse despite being well-known about SBF donations to her and other political leaders.

Crypto Twitter Reacts to Sam Bankman-Fried’s Behavior