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The Treasury Select Committee requested internal documents regarding financial decision-making related to the FTX sale and due diligence. However, the returned documents only chronicled news articles and provided little insight, leaving the committee unsatisfied. The speaker emphasizes that there is still much to uncover about the FTX collapse, noting that while a timeline is useful, it lacks critical background information. The committee is expected to continue probing for details, especially considering the broader implications for the entire cryptocurrency sector. Moreover, if companies fail to meet transparency requirements, it creates significant obstacles for regulatory oversight in the crypto asset inquiry.
