• Crypto executive Sam Bankman-Fried agreed to testify before the House Financial Services committee, after CNBC reported that Representative Maxine Waters would not be pursuing a subpoena.
• Bankman-Fried also sparred with Binance founder Changpeng “CZ” Zhao, telling him that he’d “won.”
• FTX’s implosion left millions of creditors without their funds, and ranks as one of the largest corporate bankruptcies of all time.

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