Congresswoman Maxine Waters praised Sam Bankman-Fried for being candid in his discussions about the FTX collapse. SBF crypto
Maxine Waters Criticized for Praising SBF — Lawmaker Says 'We Appreciate That You've Been Candid'
Congresswoman Maxine Waters has been heavily criticized for saying that she appreciates former FTX CEO Sam Bankman-Fried being candid in his discussions about the collapse of his crypto exchange, FTX. “SBF has not, in fact, been candid in his discussions. He committed fraud, full stop,” one critic stressed.
Waters is leading a congressional hearing on the collapse of crypto exchange FTX, which will begin on Dec. 13. The lawmaker wrote: “We appreciate that you’ve been candid in your discussions about what happened at FTX. Your willingness to talk to the public will help the company’s customers, investors, and others. To that end, we would welcome your participation in our hearing on the 13th.”
Many people quickly pointed out to Waters that the former FTX chief executive is a fraud and should be arrested on sight. Some people have even compared Bankman-Fried and the FTX implosion to“If you don’t arrest him I will have lost all faith in our government being the tiniest bit of just,” bitcoin proponent Dan HeldLawyer Jake Chervinsky responded to the congresswoman: “Rep.
However, many people are not surprised by Waters’ tweet given her good relations with Bankman-Fried. At the conclusion of a congressional hearing last year, she even appeared to be
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