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

This episode is sponsored by the Galaxy Brains Podcast.

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

“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 parent company Digital Currency Group. Plus, a closer look at the road ahead for former FTX CEO Sam Bankman-Fried’s legal proceedings as a tentative trial date of Oct. 2.

See also: 

Coinbase Will Pay $50M Fine to New York Regulator to Settle Background Check Charges 

FTX Founder Sam Bankman-Fried Pleads ‘Not Guilty’ to Fraud, Conspiracy Charges 

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

Galaxy Brains: Whether it’s breaking down market volatility or analyzing the latest development, come for the latest market insights from our in-house trading professionals and renowned experts from across the industry. Stay for the occasional rap from host Alex Thorn. Check out the latest episodes here: https://www.galaxy.com/research/podcasts/galaxy-brains/?utm_source=Hash&utm_medium=podcast&utm_id=CoinDesk

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