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- The crypto community and policymakers wish for comments related to the accused scam done by the exchange.
- Sam Bankman-Fried indirectly rejected the proposal to bear witness.
The ex-chief executive officer of the collapsed FTX crypto exchange, Sam Bankman-Fried, has been talking openly not so long ago. The crypto community and policymakers wish for comments related to the accused scam done by the exchange and its sister company Alameda Research.
The representative of the United States, Maxine Waters motivated Sam to be at an organized U.S. House Committee on Financial Services hearing on December 13 to talk about “what happened” at the collapsed firm.
Although, in a December 4 advancement, Sam Bankman-Fried indirectly rejected the proposal to bear witness until he had “completed learning and discussing what happened.”
This talk added some comments over crypto Twitter. In spite of his different occurrences on digital platforms, most have attacked the ex-CEO for his accidental “accounting fault” purports.
Blockchain Association Head of Policy and U.S. lawyer Jake Chervinsky stated:
On the other hand, the story is held by Caroline Ellison, the ex-chief executive officer of Bankman-Fried’s trading fund, Alameda Research.
The hypothesis has broke chaos on Bankman Fried, but we don’t know much about Caroline Ellison till now. On December 5, a Twitter user Autism Capital posted on Twitter that:
At the time of writing, these are still dubious purports. One more Twitter account, Wall Street Silver, put outside hypothesis that Ellison was in town to look for an “immunity agreement” to give evidence against Sam Bankman-Fried.
The cafe in question is contemporaneously close to the U.S. attorney’s office and the New York FBI headquarters.
These purports are all unverified and hypothesis at this point. Rumors of a Sam Bankman-Fried and Ellison love affair have also billowed, with some purporting that it may have been a fragment of the collapse of FTX.
As per a trusted media outlet, FTX didn’t possessed its accounts department. However, some report claims that Caroline Ellison and Bankman-Fried were in a relationship. Earlier this week, a reliable media source revealed and verified that SBF and his close staff working in the company were living in a penthouse and had an intense relationship.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
