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Hardly anyone might not have heard about Sam Bankman-Fried and his beloved FTX collapse. Ever since the behemoth crypto exchange fell for a bad omen and filed for bankruptcy under Chapter 11 Bankruptcy Code, many are waiting for the answers. Most prominently, the community is seeking SBF to come forward and share the insights first hand.
Sam Bankman-Fried Being Asked for Answers
Sam Bankman-Fried broke his silence and answered to the questions of his answering the questions in the public domain around FTX collapse on 5th December. He responded to a Tweet of a US Representative stating that he considers it as his duty to come forward and put an explanation over the instance.
The United States Representative Maxine Waters Tweet on 2nd December 2022 also came in the wake of similar efforts. Waters invited FTX founder to testify at a US House Committee on Financial Services hearing scheduled to take place on 13th December. SBF would be answering the questions and elaborate what actually happened at FTX.
However, SBF put a condition before coming to the committee for explanation. He showcased his wish to wrap up his own learning and review the instance himself. For which, he noted that he might need time and that it would take more than 13th December, the said date for the US House Committee’s hearing. But he assured that whenever he would be done with his own study of the case, he would testify.
Ever since the FTX collapse took place, Bankman-Fried found himself in an embattling situation along with his company. Almost every other person called out the flaws and mismanagement within the firm. SBF have also been called out to come forward and explain what happened.
Community Reminded Recent Interviews
After his recent confirmation to show up, people across the community have responded to it. Many pointed out his recent appearance in different media interviews and across social media platforms like Twitter in form of long thread Tweets.
For the first time following the FTX implosion, SBF was seen at the DealBook Summit of the New York Times. At the event, he had faced a lot of questions about the instance. The very next day, he showed up in an interview at Good Morning America.
Interviews at Twitter space were also worth noting where he joined one hosted by Mario Nawfal, founder and CEO of IBC Group. In addition, he also attended another interview with Coffeezilla.
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.
