{"id":280608,"date":"2022-12-09T13:23:31","date_gmt":"2022-12-09T13:23:31","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=280608"},"modified":"2023-08-24T18:17:23","modified_gmt":"2023-08-24T17:17:23","slug":"sbf-says-he-will-testify-before-us-congress-on-dec-13","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/sbf-says-he-will-testify-before-us-congress-on-dec-13\/","title":{"rendered":"SBF says he will testify before US congress on Dec. 13"},"content":{"rendered":"<p>FTX\u00a0 founder Sam Bankman-Fried said he was willing to testify before the U.S. House Financial Services Committee on Dec. 13 in a Dec. 9 Twitter thread.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1) I still do not have access to much of my data &#8212; professional or personal.  So there is a limit to what I will be able to say, and I won&#39;t be as helpful as I&#39;d like.<\/p>\n<p>But as the committee still thinks it would be useful, I am willing to testify on the 13th. <a href=\"https:\/\/t.co\/KR34BsNaG1\">https:\/\/t.co\/KR34BsNaG1<\/a><\/p>\n<p>&mdash; SBF (@SBF_FTX) <a href=\"https:\/\/twitter.com\/SBF_FTX\/status\/1601186246990401537?ref_src=twsrc%5Etfw\">December 9, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>SBF said there was a limit to what he could say, and he would not be as helpful as he would have liked. According to him, this was because he had little access to his professional or personal data.<\/p>\n<p>The embattled founder said he would be able to shed light on the following during the hearing:<\/p>\n<ul>\n<li><span style=\"color: #333333;\">FTX US's solvency and American customers<\/span><\/li>\n<li><span style=\"color: #333333;\">Pathways that could return value to users internationally <\/span><\/li>\n<li><span style=\"color: #333333;\">What he thinks led to the crash and his failings.<\/span><\/li>\n<\/ul>\n<p>SBF said:<\/p>\n<blockquote><p>&#8220;I had thought of myself as a model CEO, and who wouldn't become lazy or disconnected. Which made it that much more destructive when i did. I'm sorry. Hopefully, people can learn from the difference between who I was and who I could have been.&#8221;<\/p><\/blockquote>\n<p>The FTX founder was initially <a href=\"https:\/\/cryptoslate.com\/u-s-house-committee-says-sbf-has-sufficient-knowledge-to-testify\/\">reluctant<\/a> to honor the Committee hearing because he did not have enough information on what happened to his crypto empire.<\/p>\n<p>Lawmakers, in response, revealed they were <a href=\"https:\/\/cryptoslate.com\/u-s-banking-committee-says-sbf-must-answer-for-the-failure-of-ftx\/\">willing<\/a> to subpoena SBF if he would not willingly honor the invitations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FTX\u00a0 founder Sam Bankman-Fried said he was willing to testify before the U.S. House Financial Services Committee on Dec. 13 in a Dec. 9 Twitter thread. 1) I still do not have access to much of my data &#8212; professional or personal. So there is a limit to what I will be able to say, [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":342106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76799,1,39],"tags":[76833,77612],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SBF says he will testify before US congress on Dec. 13<\/title>\n<meta name=\"description\" content=\"FTX\u00a0 founder Sam Bankman-Fried said he was willing to testify before the U.S. House Financial Services Committee on Dec. 13.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/sbf-says-he-will-testify-before-us-congress-on-dec-13\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBF says he will testify before US congress on Dec. 13\" \/>\n<meta property=\"og:description\" content=\"FTX\u00a0 founder Sam Bankman-Fried said he was willing to testify before the U.S. House Financial Services Committee on Dec. 13.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/sbf-says-he-will-testify-before-us-congress-on-dec-13\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-09T13:23:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-24T17:17:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/07\/us-congress.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/sbf-says-he-will-testify-before-us-congress-on-dec-13\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/sbf-says-he-will-testify-before-us-congress-on-dec-13\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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