THE HASH: New FTX CEO Testifies Before Lawmakers; Sam Bankman-Fried Formally Charged With Fraud in US Court
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 13 December 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
This episode is sponsored by Bitstamp and the Galaxy Brains Podcast.
The most valuable crypto stories for Tuesday, Dec. 13, 2022.
FTX's new CEO John J. Ray III is testifying before the House Financial Services Committee about the crypto exchange's collapse. This comes as U.S. prosecutors revealed a litany of charges against former CEO Sam Bankman-Fried, including wire fraud, conspiracy to commit money laundering and campaign finance violations. "The Hash" team breaks down the latest developments.
See also:
FTX Founder Sam Bankman-Fried Formally Charged With Conspiracy, Fraud in US Court
Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders
Grayscale Bitcoin Trust Discount Reaches Record 50%
This episode has been edited by Nia Freeman. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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Transcript
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| 0:49.6 | This episode of The HASH is sponsored by BitStamp and the Galaxy Brains podcast. |
| 1:02.4 | This is the HASH podcast. Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more with stories that matter to the crypto world, |
| 1:12.3 | all on the hash for your ears. |
| 1:15.7 | You're listening to the Coin Desk Podcast Network. |
| 1:25.3 | Hello and welcome to the hash, an eventful 23 hours and 30 minutes since we last saw you here on CoinDest TV. |
| 1:35.6 | Hi there, I'm Zach Seward. I'm joined by Wendy O, Jen Sennasse, and Will Foxley. |
| 1:41.6 | Now, if you visited CoinDest.com this morning, you may have seen live testimony |
| 1:47.2 | in Capitol Hill from the current CEO of FtX, John J. Ray the 3rd. There it is in that little |
| 1:55.4 | picture and picture box. It's still going on right now. They're hearing from the current CEO |
| 1:59.6 | and his telling of what is going on with Sam |
| 2:03.6 | Bankman-Freed's collapsed crypto empire. |
| 2:06.9 | Now, we'll get to that and more in a bit. |
... |
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