Requests for SBF to come and talk are pouring in from both Democrats and Republicans. This time it’s Maxine Waters, a Democrat, and Patrick McHenry, a Republican. They invite Sam Bankman-Fried to a Congressional hearing on FTX.
Helping customers and investors
It remains strange to see how friendly everyone is to Sam Bankman-Fried. In principle, of course, he committed a billion-dollar fraud. It is quite strange that people who steal a television from the Media Markt are immediately arrested, while Sam Bankman-Fried is still on the loose. What makes it even crazier is that everyone in the world knows they’ve made mistakes because they’ve admitted it.
“Sam Bankman-Fried, we appreciate you being honest in your discussions about what happened at FTX. Your will to speak to the public helps customers, investors and other stakeholders in the business,” said Maxine Waters. “As you said, you have a duty to do the right thing and help customers. If that’s the truth, come and tell your story before the House Financial Services Committee on December 13,” said McHenry.
Millions of donations to politicians
Some people on Twitter feel that Sam Bankman-Fried’s donations to politics help him. For example, he donated millions of dollars leading up to the November 2022 United States midterm elections. opensecrets.org This includes a $5,000 contribution to a political action committee, which includes two members of the House Financial Services Committee.
Since the collapse of FTX, Sam Bankman-Fried has appeared in the media in several ways. During this performance, he often apologizes and admits his mistakes. That’s noble in a way, but it doesn’t change the fact that he knowingly stole billions of dollars in wealth from ignorant people. Users who trusted Sam Bankman-Fried completely and therefore lost everything.