Sam Bankman-Fried is now a criminal defendant, and new FTX CEO John J. Ray III told lawmakers FTX embezzled customer funds "right in front of their eyes." Plus, Damian Williams, the United States Attorney for the Southern District of New York, announces the indictment of the former FTX CEO. Former SDNY Federal Prosecutor Timothy Howard weighs in. Plus, Verified Investing Crypto Chief Market Strategist Gareth Soloway shares his bitcoin price analysis.