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Zenger
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Murtuza Merchant

FTX Co-Founder Sam Bankman-Fried To Testify In Front Of US House Financial Committee

FTX Sam Bankman-Fried Crypto FTX Japan Maxine Waters Capitol Hill FSA Washington D.C.
From right, Terrence A. Duffy, CEO of the Chicago Mercantile Exchange, Sam Bankman-Fried, CEO of FTX US Derivatives, Christopher Edmonds, chief development officer of the Intercontinental Exchange, and Christopher Perkins, president of CoinFund, testify during the House Agriculture Committee hearing titled Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models, in Longworth Building on Thursday, May 12, 2022. Bankman-Fried had agreed to testify as Congress investigates the collapse of FTX. TOM WILLIAMS/BENZINGA
CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill December 8, 2021, in Washington, DC. The committee held a hearing on “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States.” He stepped down as CEO after the collapse of FTX where he states he lacks the professional and personal information to support his testimony before Congress. ALEX WONG/BENZINGA

Bankrupt cryptocurrency exchange FTX’s co-founder Sam Bankman-Fried announced on Friday that he will testify before the U.S. House Financial Services Committee on Dec. 13.

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