cdtv

U.S. Rep. Ritchie Torres (D-N.Y.) discusses his take on new FTX CEO John J. Ray III's testimony before the U.S. House Financial Services Committee Tuesday. "He spoke carefully...he was careful not to weigh in on crypto at large."

Dec 14, 2022

Sam Bankman-Fried, founder and former CEO of crypto exchange FTX, will be remanded into custody after a Bahamas judge ruled he should be denied bail on Tuesday. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest developments in FTX's collapse.

Dec 14, 2022

Bitcoin (BTC) is trading just below $18,000 as traders look to another interest rate hike from the Federal Reserve. 3IQ Head of Research Mark Connors discusses the recent price actions, and reacts to Binance CEO Changpeng "CZ" Zhao's warning to his staff of turbulent times ahead.

Dec 14, 2022

"By making stablecoins treasury-backed, you increase integrity and you align incentives," says 3IQ Head of Research Mark Connors. He explains why he believes stablecoins will be forced to be treasury-backed.

Dec 14, 2022

FTX founder Sam Bankman-Fried tweeted that the crypto exchange was "fine" on Nov. 7, then subsequently deleted the statement. Rep. Ritchie Torres (D-N.Y.), who was in the room at Tuesday's House Financial Committee hearing on the FTX collapse, says Bankman-Fried "misled the public, he lied."

Dec 14, 2022

Bankrupt FTX's new CEO John J. Ray III describes the exchange as an ‘old-fashioned embezzlement.’ That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Dec 14, 2022

Matt Stoller, director of research at the American Economic Liberties Project, casts doubt on the technology behind the crypto industry, saying "blockchain is just an inefficient spreadsheet ... there's almost no use case." Plus, his outlook on this industry for 2023.

Dec 14, 2022

Damian Williams, the United States Attorney for the Southern District of New York, announced that former FTX CEO Sam Bankman-Fried was charged in an 8 count indictment that includes allegations of fraud, money laundering, and campaign finance offenses. Plus, in testimony before the U.S. House Financial Services Committee, new FTX CEO John J. Ray III said FTX embezzled customer funds.

Dec 13, 2022

United States Attorney for the Southern District of New York Damian Williams breaks down the timeline of Sam Bankman-Fried's arrest and four areas of misconduct alleged in the indictment.

Dec 13, 2022

Verified Investing Crypto Chief Market Strategist Gareth Soloway discusses his outlook for the crypto markets as bitcoin (BTC) jumped above $17,000 after the U.S. consumer price index (CPI) report revealed inflation slowed more than expected. Plus, the impact of Sam Bankman-Fried's arrest and the continued fallout of FTX.

Dec 13, 2022