Ex-FTX CEO Bankman-Fried says he will testify to Congress

By MATT OTT
AP Business Writer

The former CEO of the failed cryptocurrency exchange FTX says he is willing to testify to Congress next week. But he says he will be limited in what he can say and that he “won’t be as helpful” as he’d like to be. Sam Bankman-Fried tweeted in response to a tweet from House Financial Services Committee Chair Maxine Waters, who on Monday requested that Bankman-Fried attend next week’s hearings over the collapse of FTX. Waters said in a series of tweets to Bankman-Fried that based on multiple media interviews since FTX collapsed that it was “clear to us that the information you have thus far is sufficient for testimony.”