FTX Founder Sam Bankman-Fried Denied Bail; Bitcoin Rising Ahead of Key Fed Decision

While Sam Bankman-Fried is remanded into custody after a Bahamas judge ruled he should be denied bail, the U.S. Senate Banking Committee will have its turn probing witnesses about the FTX collapse. Rep. Ritchie Torres (D-NY) joins “First Mover” to discuss the latest developments and his recent legislation targeting crypto exchanges.