Bankman-Fried on the hook in Texas, called to appear at Feb. hearing

Cointelegraph

Published Nov 30, 2022 12:26AM ET

Updated Nov 30, 2022 02:00AM ET

Former FTX CEO Sam Bankman-Fried has been called to a Feb. 2 hearing by the Texan securities regulator as part of an investigation into whether he and FTX US have violated Texas securities laws.

In a Notice of Hearing signed off by Texas State Securities Board’s (SSB’s) director of enforcement Joe Rotunda and served to Bankman Fried on Nov. 29, the regulator alleges that FTX US offered unregistered securities to Texans through its “EARN” accounts.

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