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Maxine Waters Thanks SBF for Being 'Candid' About FTX Collapse
House Financial Services Chair Maxine Waters today thanked disgraced FTX founder Sam Bankman-Fried for being “candid” when talking about the bankrupt exchange. Waters (D-CA) also invited Bankman-Fried, who ran FTX until early November before its ignominious and well-publicized crash, to testify before the committee. The bipartisan hearing will take place on December 13 and will look into FTX’s fall and its “broader consequences for the digital asset ecosystem.” Since FTX’s bankruptcy, Bankman-Fried had (apart from writing strange tweets) largely been laying low. But on Wednesday, he made a public ... (full story)