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Sam Bankman-Fried Agrees to Testify Before House Committee


The answer as to whether the embattled FTX founder Sam Bankman-Fried will appear before two congressional committees next week is being played out on Twitter.In an early morning post on Twitter on Friday, Mr. Bankman-Fried said he would appear on Tuesday before the House Committee on Financial Services after days of being evasive on the matter. The Dec. 13 committee hearing will focus on the sudden collapse last month of FTX, the cryptocurrency exchange that Mr. Bankman-Fried founded, amid allegations of the misappropriation of billions in customer money.Mr. Bankman-Fried, 30, said in a post on Twitter that “there is a limit to what I will be able to say, and I won’t be as helpful as I’d like.”Ever since FTX and companies associated with it filed for bankruptcy last month, Mr. Bankman-Fried has been holed up in his residential complex in the Bahamas, where FTX was based. He has granted numerous media interviews either in …

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