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

ALSO: Sam Reynolds takes a fresh look at the U.S. Securities and Exchange Commission's case against Ripple, where a 2018 SEC official’s speech notes may prove crucial.

The fear is suddenly back to extreme levels in crypto markets. (John Ward McClellan via National Gallery of Art, modified by CoinDesk)
The fear is suddenly back to extreme levels in crypto markets. (John Ward McClellan via National Gallery of Art, modified by CoinDesk)