House Finance Services Committee Chair Maxine Waters allegedly told she doesn't plan to subpoena disgraced founder Sam Bankman-Fried. In a private meeting with Securities and Exchange Commission Chair Gary Gensler on Tuesday, Waters informed members of her decision not to force Bankman-Fried to testify about the catastrophic and rapid failure of his crypto empire, sources familiar with the matter told . The sources claim Waters wants committee members to convince the 30-year-old to accept her invitation to testify voluntarily at a hearing over FTX's failings next Tuesday.
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