Sam Bankman-Fried’s House of (Crypto) Cards 12/13/22
Squawk Pod
English - December 13, 2022 17:10 - 32 minutes - 29.9 MB - ★★★★ - 450 ratingsInvesting Business News Business News leadership health entrepreneurship business productivity startups finance interview entrepreneur fitness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
FTX founder Sam Bankman-Fried was arrested by Bahamian authorities Monday evening, setting the stage for extradition and U.S. trial for the one-time crypto billionaire at the heart of the crypto exchange’s collapse. Before his arrest was announced, Bankman-Fried had been expected to testify virtually before the House Financial Services Committee today, but his attorneys told CNBC that he will not appear. Joe Kernen, Becky Quick, and Andrew Ross Sorkin discuss the charges of wire fraud, securities fraud, commodities fraud, and money laundering that face Sam Bankman-Fried. Plus, Moderna and Merck have been developing an experimental cancer vaccine that leverages mRNA technology to target melanoma. In a mid stage trial, the vaccine cut recurrence by 44%; Moderna CEO Stéphane Bancel outlines how the company is working with regulators for accelerated approval.
In this episode:
Stéphane Bancel, @moderna_tx
Becky Quick @BeckyQuick
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Katie Kramer, @Kramer_Katie