Democratic Rep. Maxine Water Launches Investigation Into SBF, She Previously Blew A Kiss To Him (Video)

November 19, 2022 9:36 am Comments

House Financial Services Committee Chair Rep. Maxine Waters will now investigate FTX’s downfall.

Rep. Waters announced in a new statement that the House Financial Services Committee will launch an investigation into FTX and is even expecting Sam Bankman-Fried to testify before Congress.

Many Americans aren’t too confident Rep. Waters will conduct a proper investigation considering back in 2021 after SBF was interviewed by Congress, she blew him a kiss.

'post', 'range' => 'daily', 'limit' => 1); $popular_posts = new \WordPressPopularPosts\Query($args); if ( !empty($popular_posts->get_posts()) ) { if ( get_the_ID() == $popular_posts->get_posts()[0]->id ) { // 2nd most popular post wpp_get_mostpopular( 'post_type=post&range=daily&offset=1&limit=1&order_by="avg"&wpp_start="

"&wpp_end="

"&post_html="Trending: {text_title}"' ) ; } else { // 1st most popular post wpp_get_mostpopular( 'post_type=post&range=daily&limit=1&order_by="avg"&wpp_start="

"&wpp_end="

"&post_html="Trending: {text_title}"' ) ; } } ?>

Watch Here:

The Hill shared these details:

The House Financial Services Committee will hold a hearing next month to investigate the collapse of top crypto exchange FTX, lawmakers announced Wednesday.

Reps. Maxine Waters (D-Calif.) and Patrick McHenry (R-N.C.), the top lawmakers on the committee, said in a statement that they expect disgraced FTX founder Sam Bankman-Fried to appear before Congress.

“The fall of FTX has posed tremendous harm to over one million users, many of whom were everyday people who invested their hard-earned savings into the FTX cryptocurrency exchange, only to watch it all disappear within a matter of seconds,” Waters said.

“Unfortunately, this event is just one out of many examples of cryptocurrency platforms that have collapsed just this past year.”

FTX declared bankruptcy last week after revealing that it lost billions of dollars in user deposits making risky bets through its affiliated trading firm Alameda Research. As many as 1 million users could face losses, according to a Tuesday bankruptcy filing.

Join the conversation!

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.