"It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later," Representative Maxine Waters, the committee chair, wrote on Twitter.
On Sunday, Bankman-Fried tweeted that he would testify before the committee after he finished "learning and reviewing" the events that led to the spectacular collapse of his cryptocurrency exchange.
Rep. Waters, and the House Committee on Financial Services:
— SBF (@SBF_FTX) December 4, 2022
Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain.
I'm not sure that will happen by the 13th. But when it does, I will testify. https://t.co/c0P8yKlyQt
But in her reply on Monday, Waters wrote on Twitter: "Based on your role as CEO and your media interviews over the past few weeks, it's clear to us that the information you have thus far is sufficient for testimony."
.@SBF_FTX,
— Maxine Waters (@RepMaxineWaters) December 5, 2022
Based on your role as CEO and your media interviews over the past few weeks, it’s clear to us that the information you have thus far is sufficient for testimony. (1/3) https://t.co/YUVVjOkC40
Bankman-Fried rejected any suggestion of fraud in a series of interviews last week after his company's collapse stunned investors and left creditors facing losses totaling billions of dollars.
FTX filed for bankruptcy in November after a week in which a possible merger with rival crypto exchange Binance failed.
