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The Independent UK
The Independent UK
National
Oliver O'Connell

Who Sam Bankman-Fried was going to blame for FTX’s collapse – until his arrest

FTX Sam Bankman-Fried John Ray John Ray III Ryne Miller FTX US Sullivan Cromwell Binance Cryptocurrency Crypto
AFP via Getty Images

Prior to his arrest on Monday night in The Bahamas, disgraced cryptocurrency CEO and founder of FTX Sam Bankman-Fried was scheduled to testify before Congress about the implosion of his crypto exchange.

As he is supposed to appear in court in Nassau on Tuesday awaiting extradition to the US, his testimony on Capitol Hill could not go ahead.

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