Sam Bankman-Fried has declined to testify before the US Congress until he has completed learning and reviewing what happened.

Despite a barrage of media appearances, Bankman Fried's refusal to testify before Congress on December 13 did not sit well with the crypto community. Bankman-Fried made his first live media appearance on Nov. 30 during the New York Times' DealBook Summit, following the spiral collapse of FTX and its sister companies in the second week of November. 

The following day, he appeared on Good Morning America and in a Twitter space hosted by IBC Group founder and CEO Mario Nawfal.

Author Alex Berenson made a joke about Bankman-refusal Fried's to testify despite the media frenzy, saying that the former CEO is "happy to talk to anyone and everyone... just as long as he's not under oath."

Zerohedge, a popular libertarian financial blog, belittled the entire situation and how Bankman Fried was able to dictate terms to legislators.

Another user mentioned the former CEO's large donations to the Democratic Party, implying that his donations gave him leverage to get away with stealing people's money while lying to Congress about when he will testify.

A popular crypto influencer who goes by the Twitter handles Crypto Bull referred to Bankman Fried as a "Democrat rat" who stole $8 billion in people's money without repercussions.

Another Twitter user named it a disgrace that a man who took money from customers could dictate terms to Congress. The user stated: "He shouldn't have the option of at his leisure- they should summon him and prepare the handcuffs. Learning the truth is a complete lie."

Many in the cryptocurrency community have questioned lawmakers in the United States for their failure to act quickly against the disgraced CEO. Others have cited Bankman-large Fried's donations to Democrats as well as his political affiliations.

What are your thoughts on SBF dictating terms over a congressional hearing? Drop your comments by sharing this article on social media.

Dec 6, 2022
Crypto News

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