Maxine Waters Tweet To Crypto-Scammer SBF Shows She Cannot Be Objective In Investigation

In about two weeks, Congress is going to begin investigating the FTX scandal, which is, according to many people in finance, bigger than the Bernie Madoff scandal.

The committee that will be heading the investigation is headed by Maxine Waters, and most of the people on the committee have receieved large cash donations from FTX and Sam Bankman-Fried (SBF) the very person that they’re supposed to be investigating.

In fact, Maxine Waters recently tweeted something to SBF which shows quite clearly that she should not be anywhere near this investigation.

Townhall reports:

Maxine Waters Sends Sappy Tweet to Sam Bankman-Fried

Rep. Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, praised disgraced cryptocurrency investor Sam Bankman-Fried for his “candid” admissions about what happened with the collapse of cryptocurrency exchange FTX, adding it would be a “welcome” for him to particpate in a future hearing.

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“[Sam Bankman-Fried], we appreciate that you’ve been candid in your discussions about what happened at #FTX. Your willingness to talk to the public will help the company’s customers, investors, and others. To that end, we would welcome your participation in our hearing on the 13th,” Waters tweeted on Friday.

The hearing on the December 13 is to investigate the collapse of FTX.

Bankman-Fried has been under intense scrutiny for mishandling, to the point of criminality, investor funds from FTX and his personal firm, Alameda Research. FTX has since filed for Chapter 11 bankruptcy, with billions of dollars now gone.

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See the tweet from Waters below:

This man scammed people out of billions of dollars.

Maxine Waters is talking to him like an old friend.


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