This episode is sponsored by Bitstamp and the Galaxy Brains Podcast.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.See also:FTX Founder Sam Bankman-Fried Formally Charged With Conspiracy, Fraud in US CourtBinance Withdrawals Surge as Concerns About Its Reserve Report Spook TradersGrayscale Bitcoin Trust Discount Reaches Record 50%This episode has been edited by Nia Freeman. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”-Bitstamp is the longest running crypto exchange and recently rated #1 in the world by CryptoCompare. Regulation, transparency, and security are pillars that ensure customers' funds are safe; it’s the Bitstamp way. Learn more about how your crypto is always yours at bitstamp.net.-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=CoinDeskSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.