Informed sources: The chairman of the U.S. House Financial Services Committee does not intend to summon SBF

2022-12-08 07:56:16
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ChainCatcher news, according to a report by CNBC citing sources, U.S. House Financial Services Committee Chair Maxine Waters stated that she does not intend to subpoena former FTX CEO Sam Bankman-Fried (SBF) to compel him to participate in the hearing, but hopes that committee staff can persuade SBF to testify voluntarily. As of now, SBF has not agreed.

Earlier reports indicated that the U.S. House Financial Services Committee will hold a hearing titled "Investigating the Collapse of FTX, Part I" on December 13, but SBF stated that he would participate "once I finish learning and reviewing what happened," without committing to a specific date. (source link)

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