Sam Bankman-Fried Apologizes, Promises FTX.US Customers' Funds Are 'Fine'

This episode is sponsored by minima.global and Circle.

"The Hash" hosts discuss today's top stories: Sam Bankman-Fried apologized on Twitter as the FTX crisis deepened, Tron network’s native TRX token momentarily surged some 4,000%, from 6 cents to $2.50, on embattled crypto exchange FTX, and the Securities and Exchange Commission's Gary Gensler speaks out on the state of crypto regulation during an interview on CNBC.

See also:

Tether Freezes $46M of USDT Held by FTX Following Law-Enforcement Request

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

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Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses.