On Wednesday night, Senate Banking Committee chair Sherrod Brown (D-Ohio) issued a public letter to FTX founder Sam Bankman-Fried requesting his appearance at the committee’s hearing on the exchange’s collapse on Dec. 14. If Bankman-Fried doesn’t respond by 5 p.m. today, the letter continued, Brown and ranking member Pat Toomey (R-Pa.) are prepared to issue a subpoena.
Amid a slate of congressional hearings on FTX, the Senate Banking Committee is the first to compel Bankman-Fried to appear in Washington, D.C., forcing the embattled founder into a difficult choice.
