FTX Collapse: Bankman-Fried to Testify in Congress on December 13

The pressure eventually paid off.

Sam Bankman-Fried, the fallen founder of bankrupt cryptocurrency exchange FTX, will finally take a break from his media offensive to answer questions from lawmakers.

After initially declining an invitation from Congress, he simply reluctantly accepted it, bowing under threat of a subpoena. He will appear before the House Financial Services Committee on December 13 for a hearing focused on the fall of his empire.

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