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New FTX CEO Testifies Before Lawmakers; Sam Bankman-Fried Formally Charged With Fraud in US Court

The most valuable crypto stories for Tuesday, Dec. 13, 2022.

December 13, 2022
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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.

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