SEC Texts Missing in FTX Case Raise Concerns Over Regulatory Transparency

The disappearance of key text communications from former SEC Chair Gary Gensler during crucial crypto enforcement actions coincides with the FTX collapse, casting doubt on the SEC’s regulatory effectiveness and transparency. Congressional leaders are demanding explanations as the missing texts heighten uncertainty within the crypto market, including Bitcoin (BTC) and Ethereum (ETH). The impact is already being felt, with lawmakers questioning the SEC’s operational effectiveness in preventing fraud. }