Regulators in the Bahamas Hold $3.5B in FTX Customer Assets
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"First Mover" looks ahead to 2023 in crypto markets and regulation. SEC Chair Gary Gensler has long said he believes most cryptos are securities. Will Gensler finally do something about that? Also, will Congress pass stablecoin legislation? Nikhilesh De dives into these questions, plus an FTX update from the Bahamas where authorities say they seized $3.5 billion from the bankrupt exchange to safeguard customer assets. Also, will 2023 bring an end to crypto winter? Andre Portilho of BTG Pactual and Greg Johnson of Rubicon Crypto share their markets predictions.
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