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Maxine Waters Criticized for Praising SBF 

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Maxine Waters, a Democratic-CA congresswoman and chairwoman of the House Committee of Financial Services, 

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Was criticized for tweeting her gratitude to Sam Bankman-Fried (SBF), former CEO of FTX.

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Waters will be leading a congressional hearing about the collapse of the crypto exchange FTX. 

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It will start on December 13. Waters wrote that he appreciated his honesty in discussing what happened at FTX. 

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Your willingness to speak with the public will benefit the company's investors and customers. 

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Waters was quickly pointed out by many that the former chief executive of FTX is a fraudster and should be detained on suspicion.

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Some have even compared Bankman Fried and the FTX collapse to Bernie Madoff's Ponzi scheme.

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SBF was not honest in his conversations; I'm sure of that. He was guilty of fraud.

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