Sam Bankman-Fried says he wants to testify before Congress on FTX collapse

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Cryptocurrency exchange founder pledges to testify ‘once I have finished learning and reviewing what happened’

that he donated money in equally large amounts to both the Democratic and Republican parties.

He has since denied allegations of potential fraud in a series of media appearances as law enforcement authorities and regulators scrutinize him and FTX’s wreckage.at the New York Times DealBook summit on 30 November that he “screwed up”, “didn’t ever try to commit fraud” and was as “shocked” as the rest of the public by FTX’s collapse.

He told ABC News in a separate interview that he also had been spending barely any time “trying to manage risk on FTX” and had “stopped working as hard for a bit” before the firm imploded.

 

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