Former and current CEOs of FTX have been listed to attend two consecutive hearings on 12/13 and 12/14.

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Former and current CEOs of FTX have been listed to attend two consecutive hearings on 12/13 and 12/14.

The U.S. House of Representatives and Senate will each hold congressional hearings on 12/13 and 12/14. For FTX stakeholders, the hearing hosted by the House Financial Services Committee on 12/13 may bring positive impacts, with both current and former CEOs of FTX, SBF and John J. Ray III, scheduled to attend.

12/13 House Hearing: SBF Listed to Attend

According to the official website of the House Financial Services Committee, SBF has been listed in the second group of witnesses.

Prior to this, House Financial Services Committee Chair Maxine Waters was criticized for bias, and after CNBC extensively reported on SBF's significant donations to the Democratic Party, she publicly emphasized that SBF would definitely be summoned to attend the hearing.

Live stream link

SBF stated on 12/9 that as he still does not have access to key data, his testimony may be limited, but considering the committee believes his testimony will be helpful, he is willing to attend the hearing on 12/13. He will clarify the following points:

  • FTX US's ability to reimburse U.S. users

  • Ways to return assets to FTX users

  • His perceived main cause of the collapse

  • Personal failures

12/14 Senate Hearing

According to the official website of the Senate Committee on Banking, Housing, and Urban Affairs, the list of attendees includes:

  • Hilary J. Allen, Professor at the American University Washington College of Law

  • Kevin O’Leary, FTX spokesperson and host of "Shark Tank"

  • Jennifer J. Schulp, Director of the Cato Institute's Center for Monetary and Financial Alternatives

  • Actor and writer Ben McKenzie Schenkkan

Live stream link

Ben McKenzie has always been a cryptocurrency skeptic and frequently criticizes related crypto current events on Twitter.

Kevin O’Leary has occasionally expressed support for SBF after the incident, but his presence may not be of much help to the large number of FTX affected users.