Crypto Market Maker Wintermute Shifts Focus to Asia Amid Regulatory Turmoil

• A suite of crypto legislation passed the House Financial Services Committee this week.
• Sam Bankman-Fried surrenders Caroline Ellison’s personal writings to court.
• Crypto market maker Wintermute shifts focus to Asia amid Western regulatory turmoil, plans expansion.

Crypto Legislation Passes House Financial Services Committee

This week, a suite of crypto legislation was passed by the House Financial Services Committee, marking an important milestone in the development of the industry.

Sam Bankman-Fried Surrenders Writings To Court

In related news, prominent trader and CEO of FTX Sam Bankman-Fried recently surrendered Caroline Ellison’s personal writings to court in response to a subpoena.

Ritchie Torres Calls Gensler’s SEC ‚Arbitrary and Capricious‘

Democratic congressman Ritchie Torres has publicly criticized newly appointed SEC chair Gary Gensler for his “arbitrary and capricious” approach when it comes to regulating cryptocurrencies.

Jason Lowrey’s ‚Softwar‘ Removed From Circulation

In another incident, Jason Lowrey’s book ‘Softwar’ was removed from circulation and MIT Library for undisclosed reasons.

Wintermute Shifts Focus To Asia Amid Regulatory Turmoil

Finally, crypto market maker Wintermute is shifting its focus towards Asia as Western regulators continue their crackdown on the industry. The firm is reportedly planning an expansion into Singapore soon with some staff members already making moves there.

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