Market Daily

Market Daily

Maxine Water grows strict with SBF invitation on Twitter

Maxine Waters: Last week, Democratic Congresswoman Maxine Waters invited Sam Bankman-Fried to a House hearing via Twitter.

However, the founder of FTX declined and said he wouldn’t be ready by then.

Today, Waters took to Twitter to urge SBF to attend the December 13 House committee hearing about his company’s collapse.

The invite

Maxine Waters contacted Sam Bankman-Fried again on Twitter.

This time, she was more adamant that he show up at the hearing.

“It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later,” Waters tweeted.

Last week, the California District 43 representative initially contacted SBF on the social media platform.

Early on, Maxine Waters thanked the founder of FTX due to the invitation to testify not being a request or a subpoena.

SBF answered her on Sunday, writing:

“Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain.”

“I’m not sure that will happen by the 13th. But when it does, I will testify.”

Read also: Sam Bankman-Fried also donated to Republicans

Reiterated invitation

After refusing the invitation, Maxine Waters’ patience with Bankman-Fried appeared to thin.

In a second invitation, Waters did not hold back and emphasized that SBF should appear in Washington.

“Based on your role as CEO and your media interviews over the past few weeks, it’s clear to us that the information you have thus far is sufficient for testimony.”

“As you know, the collapse of FTX has harmed over one million people,” she continued.

“Your testimony would not only be meaningful to Members of Congress, but is also critical to the American people.”

Read also: Sam Bankman-Fried confesses he ‘screwed up’

Crypto Twitter

The Crypto Space on Twitter watched the exchange between Maxine Waters and Sam Bankman-Friede.

One user commented, saying their back-and-forth looks more appropriate, seemingly siding with Waters.

Meanwhile, another rallied behind the Democrat, saying:

“Ms Waters, with all due respect – let’s stop flirting with the inevitable outcome and cut the crap.”

“Begin the process of extradition to bring him back to US soil where he can be tried and properly judged for his gross and fraudulent misconduct.”

“Send a subpoena.”

Whether SBF will appear on December 13 remains to be seen.

However, he already has a long line of officials and regulators waiting for him.


US Rep. Maxine Waters insists SBF attend FTX hearing on Capitol Hill

CEO and Founder Jason Wojo Helps Businesses Skyrocket Their Growth Through Digital Marketing

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