Lawmakers are calling on FTX's Sam Bankman-Fried to testify or be subpoenaed: 'The American people need answers'

Dec 8 2022 by Business Insider

 

The Washington Post/Getty, Murat Taner/Getty, Tyler Le/Insider

The Senate Banking Committee says if FTX founder Sam Bankman-Fried doesn't testify next week, it will subpoena him.   "FTX's collapse has caused real financial harm to consumers," the Senate Banking Chair said in a statement. Bankman-Fried denies allegations of fraud, stating in public appearances he did not intentionally misuse customer funds. 

The Senate Banking Committee is calling on FTX founder Sam Bankman-Fried to...

Continue Reading Lawmakers are calling on FTX's Sam Bankman-Fried to testify or be subpoenaed: 'The American people need answers'