CoinDesk - Unknown

Genesis' CEO Tells Clients It Needs More Time to Sort Out Finances; What's Next for Sam Bankman-Fried?

The most valuable crypto stories for Wednesday, Jan. 4, 2023.

January 4, 2023
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"The Hash" panel discusses the top stories shaping the crypto markets today, including the interim CEO of Genesis Global Trading telling clients the cryptocurrency brokerage and lender needs more time to sort out its tricky financial position. (Genesis and CoinDesk are both owned by Digital Currency Group.) Plus, a closer look at the road ahead for former FTX CEO Sam Bankman-Fried's legal proceedings at a tentative trial date of Oct. 2.

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This episode has been edited by Adrian Blust. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”