Sam Bankman-Fried, founder of the failed FTX cryptocurrency exchange, says he is willing to testify before Congress on Tuesday though he might have limited information about what led to his company’s stunning collapse.
House Financial Services Committee Chairwoman Maxine Waters, California Democrat, told Mr. Bankman-Fried to appear for the Dec. 13 hearing she scheduled to help Congress determine what happened and how it should regulate the crypto market.
“I still do not have access to much of my data — professional or personal. So there is a limit to what I will be able to say, and I won’t be as helpful as I’d like,” Mr.