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The former CEO previously missed the deadline to confirm his appearance before the Senate Banking Committee, despite the threat of a subpoena. Go to Source Powered by WPeMatico
FTX CEO John Ray, actor Ben McKenzie and law professor Hilary Allen have been confirmed, while SBF, Kevin O’Leary, and Alameda CEO Caroline Ellison could still testify. Go to Source Powered by WPeMatico
Despite missing a response deadline, Sam Bankman-Fried says he’s willing to testify at a U.S. Senate hearing into the collapse of FTX. Go to Source Powered by WPeMatico
Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX CEO Sam Bankman-Fried (SBF) to testify. As the founder of FTX and Alameda Research, “you must answer for the failure of both entities that was caused, at least in part, by the clear … Read more
The US lawmaker has refuted a report from CNBC that suggested that they weren’t planning to subpoena the former FTX CEO. Go to Source Powered by WPeMatico
The Ethics Committee couldn’t agree if the Representative sought to profit from his promotions but he was fined for it regardless and for also not declaring a “gift” of the token. Go to Source Powered by WPeMatico
“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,” said Maxine Waters. Go to Source Powered by WPeMatico
Many in the crypto community pointed towards Bankman-Fried’s political donations and good Democratic connections via his parents, being one of the key reasons for him to evade arrest. Go to Source Powered by WPeMatico
“Your willingness to talk to the public will help the company’s customers, investors, and others,” said House Financial Services Committee chair Maxine Waters, addressing SBF. Go to Source Powered by WPeMatico
Congress should start by addressing what cryptocurrencies are securities and what are commodities. Go to Source Powered by WPeMatico
