New FTX CEO Testifies to House Committee on Collapse of Company

House Committee on Financial Services full Committee Chairwoman Maxine Waters (D-Calif.) and Ranking Member Patrick McHenry (R-N.C.) will host a hybrid hearing entitled, “Investigating the Collapse of FTX, Part I” on Dec. 13.

The Epoch Times will livestream this hearing starting at 10 a.m. ET. Access the livestream on this page, and also at EpochTV.

Witnesses for this one-panel hearing:

Panel 1:
• John J. Ray III, chief executive officer, FTX Group

Panel 2:
• Sam Bankman-Fried, founder and former CEO, FTX Group

Ray is scheduled to testify before the U.S. House Financial Services Committee on Dec. 13. Bankman-Fried was also scheduled testify remotely from the Bahamas, but this remains uncertain now that he has been detained by Bahamian law enforcement. This comes after a U.S. court shared a sealed indictment with the authorities of the island nation.

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