Rep. Maxine Waters insists that Bankman-Fried attend Dec. 13 FTX hearings

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Rep. Maxine Waters insists that Bankman-Fried attend Dec. 13 FTX hearings
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Cryptocurrencies Rep. Maxine Waters insists that Bankman-Fried attend Dec. 13 FTX hearings

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Waters was responding to Bankman-Fried’s tweets from Dec. 4 in which he appeared to treat the chair’s Dec. 2 request to attend the hearing as more optional than imperative. “Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain,” he wrote. “I'm not sure that will happen by the 13th. But when it does, I will testify.

Many on twitter have been critical of Waters’ requests for cooperation and relatively civil tone and are calling for Congress to use its powers to force him to comply, but others have pointed out that issuing a subpoena can create procedural loopholes for Sam’s legal team which could cause months of delays.

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