First Mover Asia: Extreme Fear Hits Crypto as FTX Hack Makes Bad Situation Worse. What Comes Next?

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First Mover Asia: Extreme Fear Hits Crypto as FTX Hack Makes Bad Situation Worse. What Comes Next?
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Last week's collapse of FTX sent crypto markets for their worst seven-day stretch since mid-June. PLUS: A fresh take on the SEC’s case against Ripple. Reports liqquidity thesamreynolds JPRubin23

But these remain confidential. CoinDesk attempted a Freedom of Information Act request to obtain these documents, but the 71 documents that were sent were heavily redacted.

It also noted that the release of the documents would constitute an “unwarranted invasion of personal privacy.” A whole cast of characters from the SEC weighed in, including Jay Clayton, the then SEC chair, Lucas Moskowitz, its former chief of staff, David Fredrickson, a senior legal advisor, Jennifer McHugh, an acting associate director of the Disclosure Review, as well as Valerie Szczepanik, head of its strategic Hub for Innovation and Financial Technology.

The input from senior Commission staff might undermine the argument that Hinman’s speech was his own opinion and “not necessarily that of the Commission.”

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