Maxine Waters: SBF Must Attend Hearing on December 13

Dec 06,2022
KingData News: U.S. House Financial Services Committee Chairman Maxine Waters tweeted that former FTX CEO Sam Bankman-Fried (SBF) has enough knowledge to testify before the House Financial Services Committee, "Based on your role as CEO and your media interviews over the past few weeks, it’s clear to us that the information you have thus far is sufficient for testimony. The collapse of FTX has harmed over one million people. Your testimony would not only be meaningful to Members of Congress, but is also critical to the American people. It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later." As previously reported, the U.S. House Financial Services Committee will hold a hearing titled "Investigating the Collapse of FTX, Part I" on Dec. 13.
A financial document disclosed in the media indicates that SBF's Alameda Research has a capital debt situation, with nearly half of its holdings related to FTT and Solana. On November 6, 2022, CZ stated that due to recent revelations, Binance will sell all FTT on its books. This indicator broadcasts updates on FTX-related events.
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