The US Senate Banking Committee wants Sam Bankman-Fried to appear before it next week in person to discuss the collapse of FTX, and will subpoena him if he does not appear voluntarily, a letter from its leaders said Wednesday.
Senators Sherrod Brown and Pat Toomey, respectively the chair and ranking member of the committee, wrote a public letter to Bankman-Fried, who resigned from the exchange the same day it filed for bankruptcy last month.
The committee is holding a hearing on Wednesday, Dec. 14, a day after the House Financial Services Committee holds its own hearing on the exchange.
House Financial Services Committee Chair Maxine Waters has also invited Bankman-Fried to testify, saying in a tweet Wednesday that she may also seek to subpoena him if he does not appear voluntarily.
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