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The Wall Street Journal
Coinbase, Moderna, Tesla: Stocks That Defined the Week
In less than 24 hours, the founder of the crypto exchange was arrested, charged with eight counts of fraud, and sued by regulators for allegedly stealing billions of dollars from FTX customers while misleading investors and lenders. Shares of a rival crypto exchange, Coinbase, dropped 9.2% Tuesday, while shares of Silvergate Capital —a bank tied to crypto—sagged 12%. A customized Moderna vaccine helped ward off the recurrence of melanoma in a mid-stage trial, marking an important step in the biotech’s ascent.
