cover of episode Dec 5: SBF vows to testify, FTX's missing billions, 3AC's superyacht, ECB says Bitcoin 'irrelevant'

Dec 5: SBF vows to testify, FTX's missing billions, 3AC's superyacht, ECB says Bitcoin 'irrelevant'

2022/12/5
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Crypto Today

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On today's CoinMarketRecap with Connor Sephton, Sam Bankman-Fried says he will testify in front of Congress about FTX — but doesn't say when. And he tells the Wall Street Journal that he had little insight into what was going on at Alameda Research… despite the fact he owned 90% of it. Also today — liquidators at Three Arrows Capital clash with the bankrupt crypto hedge fund's co-founders. And a blog post from the European Central Bank argues that Bitcoin is on "the road to irrelevance." You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.