SBF subpoena is ‘positively on the desk,’ says Rep. Maxine Waters

The USA Home Monetary Companies Committee Chair Maxine Waters stated a subpoena is “positively on the desk” for former FTX CEO Sam Bankman-Fried, who has been requested to testify at a Dec. 13 listening to wanting into the collapse of FTX.

In a Dec. 8 tweet Waters stated that “lies are circulating” after a report from CNBC advised she doesn’t plan to subpoena Bankman-Fried to testify on Dec. 13. 

The report claimed Waters knowledgeable a bunch of Democrats that she needed the Committee to persuade Bankman-Fried to testify voluntarily.

Associated: Crypto neighborhood baffled by SBF dictating phrases over congressional listening to

Waters had first requested Sam Bankman-Fried to look on the Dec. 13 listening to on Dec. 3 by way of a submit on Twitter.

Regardless of showing in a number of media interviews discussing FTX, Bankman-Fried said on Dec. 4 that he gained’t seem earlier than the Committee till he’s “completed studying and reviewing what occurred” and he’s “undecided” if that may occur in time for the listening to.

Citing his media appearances, Waters has beforehand pushed again on the FTX founders’ excuse, saying on Dec. 5 that the data he holds is “ample for testimony.”

“It’s crucial that you simply attend our listening to,” Waters added, and stated the Committee was “prepared to schedule continued hearings if there may be extra info to be shared later.”

This can be a growing story and extra info will probably be added because it turns into out there.