FTX founder Sam Bankman-Fried plans to testify before Congress

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FTX founder Sam Bankman-Fried plans to testify before Congress
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Former FTX CEO tweeted that he's limited to what he can say and 'won't be as helpful' as he would like to be.

The former CEO of the failed cryptocurrency exchange FTX said in a tweet Friday that he is willing to testify to Congress next week, but that he will be limited in what he can say and that he"won't be as helpful" as he'd like to be.

The tweet came in response to several tweets earlier this month from House Financial Services Committee Chair Maxine Waters, who had requested that Sam Bankman-Fried attend next week's hearings over the collapse of FTX. Waters, a California Democrat, said in a series of tweets to Bankman-Fried that based on multiple media interviews since FTX collapsed, it was"clear to us that the information you have thus far is sufficient for testimony."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.

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