What Will Sam Bankman-Fried Tell Congress?

The transcript discusses the fallout from the FTX collapse, focusing on the upcoming House hearing where Sam Bankman-Fried and John Ray will testify. Bankman-Fried's public statements and his deflection of responsibility are examined, along with the legal and political implications of the collapse. John Ray's testimony highlights unacceptable practices at FTX, such as asset commingling and poor documentation. The transcript concludes with plans for future coverage of the hearing and related events.

Who is listed as a witness at the upcoming House hearing related to the FTX fallout?

• Elon Musk

• Sam Bankman-Fried

• Mark Zuckerberg

• Jeff Bezos

What is Sam Bankman-Fried's main reason for not wanting to provide incomplete answers to Congress?

• He is confident in his innocence

• He is unsure of the facts

• He prefers to speak only to the media

• He wants to avoid legal repercussions

What is the mood in Washington regarding cryptocurrencies and SBF?

• Indifference

• Supportive

• Excitement

• Awkwardness due to political donations

What is one of the unacceptable practices found in FTX's operations?

• Excessive marketing

• Overpricing services

• Commingling of assets

• Hiring too many employees

What did Sam Bankman-Fried blame for the deleted tweets regarding customer assets?

• Miscommunication

• Margin accounts

• Technical glitches

• Hacking attempts

Who is expected to provide testimony about FTX's practices at the hearing?

• John Jay Ray III

• Elon Musk

• Jeff Bezos

• Mark Zuckerberg

How is Sam Bankman-Fried expected to attend the hearing?

• Through a representative

• Virtually

• Not attending at all

• In person