Sam Bankman-Fried, the founder and former CEO of bankrupt cryptocurrency platform FTX, says he will indeed testify before the House Financial Services Committee on Tuesday but indicated he will do so virtually.

“I’m going to be calling in,” Bankman-Fried said on the “Unusual Whales” finance podcast. …

“I want to make sure that everything that I say everywhere, but especially there, is not just something I think is probably true but is something that I am extremely confident is true or else disclaim extremely clearly and specifically,” he said on the podcast.

“Because it’s very, very important that I not state things in a way that I’m overconfident about in front of Congress,” he added. “And that all led me to feel like it was going to be somewhat awkward and less informative than I would want it to be.”

[He didn’t want to get the metal bracelets. Might be the first smart thing he’s done since the collapse. — Ed]