The agency did not identify any names or details about the companies under investigation.
, the Commodities Future Trading Commission, and two state attorneys general have all reportedly launched investigations into FTX and its executives over the last few weeks.The FTC declined to identify the firms currently under investigation or the nature of the probes. But the agency could use its authority to enforce truth in advertising rules to rein in the industry.
“Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain,” Bankman-Fried said. “I’m not sure that will happen by the 13th. But when it does, I will testify.”, “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.
As of publication, neither the committee nor Bankman-Fried has confirmed whether the FTX founder will attend the hearing next week.
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