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FTX's Sam Bankman-Fried to Testify in Front of US House Financial Committee

Sam Bankman-Fried, the former chief executive of bankrupt crypto exchange FTX, has said he'll testify at a December 13 meeting of the House Financial Services Committee.

Bankman-Fried Friday tweeted he was "willing" to testify in response to requests from committee chair Maxine Waters (D-CA) who had said his attendance was "imperative."

Bankman-Fried said his contribution would be limited, as he says he still does not have access to the personal and professional data that could underpin testimony. He resigned on Nov. 11, the day the company filed for bankruptcy after revelations published in CoinDesk concerning FTX's relationship to sister company Alameda Research.

(By Jack Schickler)

FTX Sam Bankman-Fried
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