US House panel chair says she’ll subpoena FTX’s Bankman-Fried if needed
贬辞耻蝉别听Financial Services Committee听颁丑补颈谤woman Maxine Waters told Reuters on Thursday that she is prepared to听蝉耻产辫辞别苍补听FTX founder Sam听叠补苍办尘补苍–贵谤颈别诲听if he does not agree to appear before the听辫补苍别濒听next week and she is working out the best way to do it.
“We’ve made it clear that we want Sam at our hearing on Dec. 13. If he does not cooperate, then we are prepared to听蝉耻产辫辞别苍补,” Ms Waters said in an interview in the US听颁补辫颈迟辞濒.
Regulators around the globe, including聽, where FTX is based, and聽, are investigating the role of听贵罢齿’蝉听top executives including Mr. Bankman–贵谤颈别诲听in the firm’s stunning collapse, Reuters has previously reported. The crypto exchange filed for bankruptcy last month after a liquidity crisis that saw at least $1 billion of customer funds vanish.
Prosecutors and regulators have not charged Mr. Bankman–贵谤颈别诲听with any crime.聽
Mr. Bankman-贵谤颈别诲听missed a Thursday evening deadline to respond to a Senate Banking Committee request to testify at a hearing, raising the possibility of a听蝉耻产辫辞别苍补, Axios reported.
Ms. Waters said she has the authority to issue a听蝉耻产辫辞别苍补听herself but could put it to a committee vote, adding she would first work out the procedure with Representative Patrick McHenry, the Republican lawmaker who will听肠丑补颈谤听the听辫补苍别濒听when his party assumes control of the聽贬辞耻蝉别听in January.
She said no decision has been made so far. “I could really do it myself. We’d probably do a vote,” she said. “I have to work it out with Mr. McHenry how we do it. But we will issue a听蝉耻产辫辞别苍补.”
“Either he participates or not. And that’s when we make our decision,” Ms. Waters said. “It’s only proper and right, and makes good sense, to say we want you here.”
She declined to say whether Mr. Bankman–贵谤颈别诲听would be required to appear in person or could testify by video link.
A spokesperson for Mr. Bankman–贵谤颈别诲听declined to comment. McHenry’s office was not immediately available for comment. – Reuters
