Bitcoin Drifts Lower as Crypto Winter Coming

In this last week of 2022, First Mover Asia is revisiting a few of CoinDesk's (CD) best, most impactful stories from the past year. Less than a month after a CD story led to the implosion of crypto exchange giant FTX in November, Chief Insights Columnist David Z. Morris zeroed in on the seriousness of CEO Sam Bankman-Fried's offenses. The U.S. Department of Justice subsequently charged Bankman-Fried with wire fraud and other alleged crimes. After posting bail, he is confined to his parents California home except to exercise, and must wear a tracking device.

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