The former CEO of FTX – Sam Bankman-Fried – said he is “willing” to testify before the relevant US authorities on December 13.

Former FTX CEO Sam Bankman-Fried has deflected a lot of the allegations leveled at him since his resignation, but today pointedly said he did not target Terra or Tether’s stablecoins.

Sam Bankman-Fried messed up a lot of lives when his crypto exchange FTX collapsed. He lost billions of dollars belonging to customers who deposited their savings with FTX, caused the bankruptcy of at least two other crypto firms, and left hundreds of his own employees jobless. Now, the damage appears to have spread to his parents, both of whom have been scrubbed from Stanford University Law School offerings next semester, where they were longtime and influential professors.

A watchdog group has demanded an investigation into Sam Bankman-Fried's political donations, claiming the former FTX CEO  “admitted” to donating tens of millions to Republicans under the table in violation of federal law.

The collapse of FTX caused 1 million victims. A tragedy that contrasts with the extraordinary daily life of its employees and its founder.

Do Kwon <a href="https://twitter.com/stablekwon">@stablekwon</a>, founder of Terra on Twitter: "I think the time has come for <a href="https://twitter.com/GenesisTrading">@GenesisTrading</a> to reveal if they provided the $1B UST shortly before the crash to SBF or Alameda - the purchase from LFG was represented as stemming from “interest to participate in the Terra Defi ecosystem” - not to provide ammo for a peg attack. &nbsp;

Regarding the recent news surrounding the FTX collapse and its founder, SBF’s Capitol Hill call — <a href="https://coingape.com/tag/kevin-oleary/">Kevin O’Leary</a> of the Shark Tank fame, called for calm on a talk show on December 8. Kevin appeared to be headfast on the fact that, it was incorrect to call the ex-CEO of FTX, Sam Bankman-Fried (SBF) guilty unless the U.S. authorities and judiciary system first tried him.

In response to reports that U.S. House Financial Services Committee Chairman Maxine Waters was unwilling to compel FTX founder Sam Bankman-Fried to testify before a House Committee,&nbsp; tweeted that a subpoena of Bankman-Fried was “definitely on the table.” Waters made the statement in response to the allegations surfacing online.

The former CEO of the bankrupt crypto exchange FTX – Sam Bankman-Fried (SBF) – might also be involved in Terra’s crash. Federal prosecutors have launched an investigation to determine whether he manipulated trades that led to the collapse of UST and LUNA earlier this year.

As the New York Times reports today, federal prosecutors are investigating whether FTX founder Sam Bankman-Fried and his hedge fund Alameda orchestrated the trade to cause the collapse.