Maxine Waters Says Subpoena 'Definitely On The Table' For Sam Bankman-Fried

What Happened: On Wednesday, Waters tweeted that lies were being spread around due to a CNBC article that seemed to imply she had no plans to subpoena SBF to testify at the hearing.

See More: Best Crypto Day Trading Strategies

Waters made it clear that the information SBF possessed was enough for him to testify. She referred to the numerous media interviews given by him after FTX's bankruptcy as proof that his knowledge was "sufficient for testimony" before the congressional committee. 

She also pointed out that the committee was eager to have him attend the hearing, and was prepared to hold further hearings if additional information needed to be disclosed.

Price Action: At the time of writing, FTX (CRYPTO: FTT) was trading at $1.41, down 2.25% in the last 24 hours, according to Benzinga Pro.

Read Next: Bitcoin, Ethereum, Dogecoin Fall On Recession Worries: Analyst Says Long-Term Crypto Bets Awaiting 'Bullish Trigger' Or 'Capitulation Moment'

Photo: Courtesy of Bybit on Flickr.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.