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Sam Bankman-Fried says he will testify to Congress about FTX collapse next week

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In a tweet, former FTX CEO Sam Bankman-Fried has agreed to testify to Congress about the collapse of the crypto exchange.
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, has agreed to testify to Congress following the collapse of his crypto exchange.
In a tweet, Bankman-Fried announced that we would be willing to testify before the House Financial Services Committee next week. The disgraced former CEO said that “I still do not have access to much of my data — professional or personal. So there is a limit to what I will be able to say, and I won’t be as helpful as I’d like. But as the committee still thinks it would be useful, I am willing to testify on the 13th.”

FTX, which was one of the largest and most popular cryptocurrency exchanges, suddenly collapsed last month, causing widespread panic and significant financial losses for its customers.

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