The Hash


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Sam Bankman-Fried Under House Arrest; Justin Sun Was Secret Top Client of Valkyrie

The disgraced founder of cryptocurrency exchange FTX is reportedly now under house arrest in California after being released on a $250 million bond. "The Hash" hosts discuss the latest developments, as FTX seeks help from a U.S. bankruptcy judge over an ownership battle of roughly $450 million worth of stock in Robinhood Markets. Plus, TRON founder Justin Sun is one of the richest figures in crypto, and a good chunk of his bitcoin (BTC) is stored in one place: U.S.-based Valkyrie Investments.

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Caroline Ellison, Gary Wang Plead Guilty to 'Fraud' Charges; Twitter Integrates Crypto, Stock Prices in Search Results

"The Hash" hosts discuss the latest legal developments for former FTX CEO Sam Bankman-Fried after his arrest. Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang pleaded guilty to charges tied to FTX's collapse, U.S. Attorney Damian Williams announced Wednesday night. Plus, a closer look at how Twitter is integrating crypto prices on its platform.

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Bitcoin Miner Core Scientific Files for Bankruptcy; Paxful Removes ETH From Platform

"The Hash" group discuss today's top stories, including another domino falling during crypto winter as bitcoin miner Core Scientific files for chapter 11 bankruptcy. Plus, a creditor committee that includes crypto exchange Gemini has presented a plan to Genesis and Digital Currency Group (DCG) to “provide a path for the recovery of assets." DCG is the parent company of CoinDesk. And, Paxful CEO Ray Youssef announces ether's (ETH) removal from his marketplace.

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100 BTC Tied to QuadrigaCX Moved Out of Cold Wallets; BlockFi Asks US Court to Allow Some Customer Withdrawals

"The Hash" group discuss today's top stories, including the mystery behind more than 100 BTC tied to QuadrigaCX being moved out of cold storage wallets. Plus, bankrupt crypto lender BlockFi wants to allow some customers to withdraw their digital assets locked up on the platform. And, Coinbase CEO Brian Armstrong shares his take on regulations for centralized custodians.

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Sam Bankman-Fried's Reported Extradition Plans; Twitter Under Elon Musk

The Hash hosts discuss today's top stories: Sam Bankman-Fried reportedly is expected to agree to extradition to the U.S. according to several media outlets. Ethereum co-founder Vitalik Buterin is voicing concerns about Elon Musk’s recent Twitter decisions, writing in part it could put the social media company on “the path to authoritarianism.” Plus, news from Yuga Labs and Binance.US.

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BIS Warns DeFi May Exacerbate Volatility; Gemini Back Online After Being Down for Over 7 Hours

"The Hash" team discusses some of the top news stories shaping the crypto markets today. New papers from the Bank for International Settlements (BIS) said that decentralized finance (DeFi) could lead to bumpier financial markets and may not fix problems of large intermediaries dominating. Plus, crypto exchange Gemini is back online after being down for over seven hours due to a scheduled maintenance, the firm said.

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NY Banks Need Crypto Business Permission; Trump Unveils NFTs and More

"The Hash" tackles today's top stories including: Why CryptoQuant says its data indicates that Binance is not exhibiting "FTX-like" behavior, New York banks need to get permission for crypto services from the state regulator, and the United Nations is using Stellar's blockchain to help get funds to war-impacted Ukrainians. Plus, former President Donald Trump's new NFT trading cards.

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Lawmakers Scrutinize Crypto Industry in Senate Banking Committee Hearing on FTX Collapse

"The Hash" hosts dive into today's top headlines. On Capitol Hill, senators are zooming in on FTX's collapse and the fallout for retail investors. Binance's CZ is warning staff of "turbulent times" ahead, according to an internal memo. And, Senators Elizabeth Warren (D-Mass.) and Roger Marshall (R-Kan.) are introducing a bill to crack down on money laundering and financing of terrorists and rogue nations via cryptocurrency.

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

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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Former Alameda CEO Reportedly Taps Ex-SEC Crypto Regulator as Lawyer; Cathie Wood's Ark Buys More COIN

Bloomberg reports that former Alameda CEO Caroline Ellison recently hired Stephanie Avakian and law firm WilmerHale. Avakian is a former enforcement division chief at the Securities and Exchange Commission (SEC) who worked on several high-profile cases against figures like Elizabeth Holmes and Elon Musk. Plus, Cathie Wood's Ark Investment Management said in an email it bought 78,982 shares in cryptocurrency exchange Coinbase (COIN), its first investment in the crypto exchange in a month.

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