Congresswoman Maxine Waters received harsh criticism for voicing appreciation towards former FTX CEO Sam Bankman-Fried (SBF), due to his honesty in speaking about the collapse of his crypto-exchange, FTX. “SBF, in fact, has not been candid in his admissions. He “It was fraud,” stated one detractor.
Maxine Waters Criticised for Commending Sam Bankman-Fried
Congresswoman Maxine Waters (D-CA), Chair of the House Financial Services Committee, was reprimanded on social media Friday after she posted her gratitude to the former CEO of FTX,,, Sam Bankman-Fried (SBF).
Waters The hearing, which will begin on December 13. The Lawmaker wrote: “We acknowledge that he has been open about what happened at FTX. His willingness to communicate with the public will assist customers, investors, and others in the company. To that end, we would appreciate your presence at our hearing on the 13th.”
Many People were quick to point this out. Waters The former CEO of FTX is a fraudster and should be imprisoned quickly. Some Some people even compare. Bankman-Fried And the downfall of FTX Bernie Madoff’s Ponzi scheme.
“If they don’t take him in, I will have lost all belief that our government is any bit reasonable,” bitcoin proponent Dan Held. answered To Waters.
Attorney Jake Chervinsky responded to the congresswoman: “Rep. WatersWe acknowledge your holding a hearing on 13th. We anticipate a detailed inquiry into the events at FTX. The additional:
I am sure that the inquiry will demonstrate that SBF is not being candid in his talks. He Engaging in fraud
NeverthelessMany people are not surprised to learn that. Waters’s Tweet to exhibit his appreciation for his close ties with Bankman-Fried. At At the end of last year’s congressional hearing, he even appeared oblivious to his responsibilities. blowing kisses SBF. Some People also noted that the former FTX executive gave $300K. Waters• Members of the’committee
