In a tweet on Friday morning, FTX founder Sam Bankman-Fried agreed to testify at a hearing in front of the House Financial Services Committee, although there is still uncertainty about whether he will appear before the Senate Banking Committee the following day—under threat of subpoena.
After the early November collapse of FTX, one of the largest crypto exchanges, members of Congress have renewed calls for regulation of the volatile industry, as well as investigations into the bankruptcy.
