New FTX CEO John Ray is scheduled to testify before the U.S. House Financial Services Committee on Dec. 13. FTX founder Sam Bankman-Fried was also scheduled testify remotely from the Bahamas, but this remains uncertain now that he has been detained by Bahamian law enforcement. This comes after a U.S. court shared a sealed indictment with the authorities of the island nation.
FTX filed for U.S. bankruptcy protection on Nov. 11, and Bankman-Fried resigned as CEO on the same day.
