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Texas Enforcers Want Sam Bankman-Fried To Attend the Hearing in February: Law Decoded

While the extradition of the failed exchange’s founder Sam Bankman-Fried seemed pretty logical from the beginning of the saga, last week, the 30-year-old got the first official call: The Texas State Securities Board (SSB) invited the former CEO to attend the hearing on the alleged sale of unregistered securities on Feb. 2. SSB’s director of enforcement Joe Rotunda hopes to get a Cease and Desist order from the judge during the hearing.

However, the man himself doesn’t rush to get back to America, even for the Congress invitation. Bankman-Fried has signaled he’s unwilling to testify before the United States Congress until he’s “finished learning and reviewing what happened.”

(By DAVID ATTLEE)

Sam Bankman-Fried FTX
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