FTX founder announced to participate in Congressional hearing next Tuesday

Sam Bankman-Fried (SBF), the founder of the company who was “criticized” due to the thunderstorm of the FTX exchange, publicly announced on Friday that he will participate in the hearing of the US House of Representatives next Tuesday. In a post on social media, SBF emphasized that although he still does not have access to a lot of personal data, the content he can speak is relatively limited, but since Congress thinks (participating in the hearing) will be helpful, he will try his best to provide some information. | Related reading (Financial Association)

Xue Yue

The Financial Services Committee of the U.S. House of Representatives will hold a hearing on the FTX thunderstorm event at 10:00 a.m. Eastern Time next Tuesday, and the protagonist of this hearing is naturally the founder of the agency, SBF. Because for the victim of this incident, they hope to recover part of the loss, and they will hammer SBF telecom fraud and let him sit in prison.

But from a more objective point of view, the role of this hearing is to sort out the case process, and it is difficult to recover the results that have already occurred, and even SBF has little chance of being convicted of fraud. First of all, in terms of birth, SBF’s parents are top lawyers who can directly participate in political lobbying, which shows that his family education and connections are very unusual. And in terms of its own quality, SBF is now on fire, and can calmly say that he will “do his best to help” at the hearing, so we know that the psychological quality of this math genius is also first-class. If he came prepared to “teach” everyone, then the possibility of catching something is not very high.

This upcoming hearing is expected to be very interesting, even if it is not related to the incident, it is worth taking the time to learn.

This article is reproduced from: https://www.fortunechina.com/jingxuan/25174.htm
This site is only for collection, and the copyright belongs to the original author.