US House Financial Services Committee Chair Maxine Waters has claimed the summons of ex-FTX CEO Sam Bankman-Fried to testify on Dec. 13 at a hearing on the exchange’s bankruptcy , is “definitely on the table.”
In a December 8 tweet, Waters said “lies are circulating” after a CNBC story suggested he does not plan to call Bankman-Fried to testify on December 13.
Lies are circulating @CNBC that I am not willing to subpoena @SBF_FTX. He has been requested to testify at the December 13th hearing. A subpoena is definitely on the table. Stay tuned.
—Maxine Waters (@RepMaxineWaters) December 8, 2022
According to the news, Waters informed a group of Democrats that he wanted the Committee to convince Bankman-Fried to testify voluntarily.
Waters had first requested the appearance of Sam Bankman-Fried at the December 13 hearing on December 3 through a message On twitter.
Despite appearing in multiple interviews in different media about FTX, Bankman-Fried stated on December 4 that he will not appear before the Committee until he has “finished understanding and reviewing what happened” and that he is “not sure” make that happen in time for the hearing.
Citing his appearances in the media, Waters has previously rebutted the FTX founder’s excuse, saying on December 5 that the information he possesses is “sufficient to testify.”
“It is imperative that you attend our hearing,” Waters added, saying the committee was “willing to schedule back-to-back hearings if there is more information to share at a later date.”
This is a developing story and more information will be added as it becomes available.
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