Crypto community baffled by SBF dictating terms over congressional hearing

1 year ago

Many successful the crypto assemblage pointed towards Bankman-Fried’s governmental donations and bully Democratic connections via his parents, being 1 of the cardinal reasons for him to evade arrest.

Crypto assemblage  baffled by SBF dictating presumption     implicit    legislature  proceeding

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Sam Bankman-Fried, the erstwhile CEO of now-bankrupt cryptocurrency speech FTX has declined to attest earlier the United States Congress until he’s “finished learning and reviewing what happened.”

Rep. Waters, and the House Committee connected Financial Services:

Once I person finished learning and reviewing what happened, I would consciousness similar it was my work to look earlier the committee and explain.

I'm not definite that volition hap by the 13th. But erstwhile it does, I volition testify. https://t.co/c0P8yKlyQt

— SBF (@SBF_FTX) December 4, 2022

Bankman Fried’s unwillingness to attest earlier the Congress slated for Dec. 13, contempt a barrage of media appearances, didn’t spell down good with the crypto community. After a spiral collapse of the FTX and its sister companies successful the 2nd week of November, Bankman-Fried made his archetypal unrecorded nationalist quality connected Nov. 30 during the New York Times' DealBook Summit. A time later, helium appeared successful a Good Morning America interrogation and a Twitter abstraction hosted by IBC Group laminitis and CEO Mario Nawfal.

Alex Berenson, an writer by profession, took a quip at Bankman-Fried’s refusal to attest contempt his media frenzy and said that the erstwhile CEO is “happy to speech to anyone and everyone… conscionable arsenic agelong arsenic he’s not nether oath.”

Related: Regulators look nationalist ire aft FTX collapse, experts telephone for coordination

Zerohedge, a fashionable libertarian fiscal blog, mocked the full debacle and however Bankman Fried has managed to dictate presumption with the lawmakers.

"It whitethorn instrumentality maine 50 years to larn what happened successful the institution I ran, but by deity I SWEAR it volition beryllium my work to look earlier Congress... immoderate clip successful 2089" https://t.co/HjwFtjZajO

— zerohedge (@zerohedge) December 5, 2022

Another idiosyncratic pointed toward the hefty donations made by the erstwhile CEO to the antiauthoritarian party, implying that his donations person fixed him leverage to get distant with stealing people’s wealth portion telling Congress erstwhile helium volition testify.

— Viva Frei (@thevivafrei) December 5, 2022

A fashionable crypto influencer that goes by the Twitter sanction Crypto Bull called Bankman Fried, a “Democrat rat” who stole $8 cardinal successful people’s wealth without facing immoderate consequences portion determination are radical successful jailhouse for smoking marijuana.

There are radical successful this state rotting successful jailhouse for life, due to the fact that they smoked a fewer joints. Meanwhile this Democrat rat stole 8 cardinal dollars, roaming escaped and dictating Congress erstwhile helium volition appear. What the existent fuck? https://t.co/v4aniARj6U

— CryptoBull (@CryptoBull2020) December 5, 2022

Another Twitter idiosyncratic called it a disgrace that a antheral who stole wealth from customers has the leisure to dictate presumption with Congress. The idiosyncratic wrote:

“He shouldn’t person the enactment of “at his leisure” - they request to subpoena him to amusement up and get the handcuffs ready. Learning what happened is simply a implicit lie.”

Many successful the crypto assemblage person questioned the lawmakers successful the U.S. implicit their nonaccomplishment to enactment swiftly against the disgraced CEO. Others have pointed toward Bankman-Fried’s hefty donations to Democrats and his governmental affiliations.

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