Sam Bankman-Fried to Testify Before the House Financial Services Committee On Dec. 13

Sam Bankman-Fried
Sam Bankman-Fried

Sam Bankman-Fried seems unwilling to stop publicly discussing FTX any time soon, but he’ll be sitting before lawmakers instead of journalists next week if he keeps his promise.

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The onetime billionaire and former CEO of the crypto lending giant Tweeted on Friday morning that he would testify before the House Financial Services Committee at a hearing scheduled for Dec. 13 on his company’s failure. 

He said in his thread that he might not have all the answers to some of the questions lawmakers are most likely to be keen on, saying, “I still do not have access to much of my data — professional or personal.” 

In his recent press appearances with interviewers including The New York Times’s Andrew Ross Sorkin and ABC’s George Stephanopoulos, Bankman-Fried fielded questions about the degree to which the finances of FTX merged with his separate hedge fund Alameda Research. 

In her own Twitter thread earlier this month, Democratic Rep. Maxine Waters of California, who chairs the House Financial Services Committee, said that such interviews indicated that Bankman-Fried has enough to share that “is sufficient for testimony.”