Home US Senate Committee To Subpoena Bankman-Fried If He Doesn’t Testify Voluntarily

US Senate Committee To Subpoena Bankman-Fried If He Doesn’t Testify Voluntarily

Share
Share



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.

Share

Latest News

Why J.P. Morgan & Nasdaq Invested In Elliptic’s $120M Blockchain Analytics Round?
News

Why J.P. Morgan & Nasdaq Invested In Elliptic’s $120M Blockchain Analytics Round?

As digital assets become more widely used in banking, Elliptic’s Series D fundraising round demonstrates the growing confidence in blockchain analytics and...

Bhutan Accelerates Crypto Push With Fast-track Licences In Gelephu Mindfulness City
News

Bhutan Accelerates Crypto Push With Fast-track Licences In Gelephu Mindfulness City

On Tuesday, Gelephu Mindfulness City (GMC), Bhutan’s Special Administration Region focused on economic development, introduced a new licensing pathway to speed up...

Capital B Raises $17.8M To Expand Bitcoin Holdings
News

Capital B Raises $17.8M To Expand Bitcoin Holdings

France-listed Bitcoin treasury company Capital B has raised €15.2 million, or about $17.8 million, as it speeds up plans to grow its...

Strategy Resumes Bitcoin Buying With Fresh $43M Purchase
News

Strategy Resumes Bitcoin Buying With Fresh $43M Purchase

Bitcoin treasury giant Strategy has started buying Bitcoin again after a short break, purchasing 535 BTC worth about $43 million last week....

Latest Blogs

AI & Web3: New Age Careers With High Income Potential?

The smartest move going forward right now is to build a career in next generation internet, AI and Web3. The good news...

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment. They are created from online comedy, viral trends, and jokes....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization increases accessibility, quickness and transparency, pushing markets to expand rapidly,...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes on to completely alter the intrinsic landscape of our industries...

Related Articles

AI & Web3: New Age Careers With High Income Potential?

The smartest move going forward right now is to build a career...

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes...