Sam Bankman Fried does not stop appearing in the media. Despite this, there is little chance that he will testify before the United States Congress on December 13.
The former CEO of FTX, Sam Bankman-Fried, has explained that he is not willing to testify before the US Congress until he "finishes rethinking and reviewing everything that has happened in recent months." SBF has made these statements in response to a tweet dated December 13 in which US Representative Maxine Waters summoned him to testify at a hearing scheduled by the Financial Services Committee of the US House of Representatives on December XNUMX to speak of what happened with FTX.
Specifically, Bankman-Fried explained that he considers it his duty to "appear before the committee and give explanations," but only when "he has finished learning and reviewing what happened." Furthermore, he added that he "is not sure that he will testify on the 13th."
Some users in the community have pointed out that this response is not in line with their actions, such as participating in different interviews with the media and publishing many tweets on their account stating what led to the fall of FTX in the month of November. Additionally, the Blockchain Association's head of policy and US attorney has suggested to his followers that SMF was actually against participating in the hearing on December 13 because "lying to Congress under oath is less attractive."
On November 30, Bankman-Fried made his first live public appearance since the FTX collapse during the New York Times' DealBook summit, where he was questioned about the circumstances that led to the crypto exchange's demise. . A day later he also appeared in an interview on Good Morning America and in a Twitter space organized by the founder and CEO of IBC Group Mario Nawfal. More recently, Bankman-Fried was also interviewed on Twitter Spaces, leaving the interview after 20 minutes.
Similarly, Coinbase CEO Brian Armstrong has cast doubt on the Bankman-Fried narrative in recent days. This expert explains that even the most innocent person should not believe Bankman-Fried's claim that FTX's transfer of billions of dollars of client funds to Alameda Research was the result of an "accounting error." » produced involuntarily.
As far as SBF's most recent media appearances are concerned, Twitter and Tesla CEO Elon Musk agreed with a member of the crypto community in saying that Bankman-Fried does not deserve more media attention until his appointment at the US court.
