SBF wants to start a new business, officially added as hearing witness

The laminitis and erstwhile CEO of bankrupt cryptocurrency speech FTX, Sam Bankman-Fried, said he’d beryllium funny successful forming a caller task aimed astatine paying backmost the customers helium owes wealth to.

"I would springiness thing to beryllium capable to bash that. And I'm going to effort if I can," Bankman-Fried responded erstwhile asked if he’d commencement a caller concern to repay FTX investors successful a Dec. 10 interview with the BBC.

"I'm going to beryllium reasoning astir however we tin assistance the satellite and if users haven't gotten overmuch back, I'm going to beryllium reasoning astir what I tin bash for them,” helium added. “I deliberation astatine the precise slightest I person a work to FTX users to bash close by them arsenic champion arsenic I can."

Bankman–Fried’s speech whitethorn person “more than 1 cardinal creditors” according to bankruptcy filings connected Nov. 14 and estimates connected however overmuch FTX has potentially lost scope from $10 cardinal to $50 billion.

In enactment with erstwhile statements by Bankman-Fried connected his alleged media apology tour, helium again said he: “Didn’t knowingly perpetrate fraud. I don’t deliberation I committed fraud.”

He further claimed helium “was surely not astir arsenic competent arsenic I thought I was."

SBF added arsenic witnesser successful US House Committee hearing

After days of backmost and distant betwixt United States House Representative Maxine Waters and Bankman-Fried, the FTX laminitis is present officially confirmed arsenic a witnesser for the Dec. 13 proceeding with the House Committee connected Financial Services.

As of Dec. 11, his sanction present officially shows up connected the list of witnesses to be the Dec. 13 proceeding titled “Investigating the Collapse of FTX, Part I.”

The different witness, which had already been added arsenic of Dec. 9, is nary different than John Ray, the caller CEO of FTX.

Related: Former apical SEC crypto regulator hired by Caroline Ellison

Controversially, Bankman-Fried has missed the deadline to corroborate his quality astatine a Senate Committee proceeding connected the FTX illness scheduled for Dec. 14.

A Dec. 7 letter addressed Bankman-Fried from Committee Chair Sherrod Brown warned helium is prepared “to contented a subpoena to compel your testimony.”

A statement connected Dec. 9 from Brown and Senator Pat Toomey noted Bankman-Fried did not respond to the deadline and the Committee “will proceed to enactment connected having him look earlier Congress.”

Toomey tweeted connected Dec. 9 that he’s “glad” Bankman-Fried would look astatine the House proceeding and added helium expects the FTX laminitis astatine the Senate’s proceeding the time after.