In your nightly crypto news wrap up, we bring you the top crypto stories. Stocks were in the red again today, with the Dow Jones having its biggest single-day drop since 2020. But why is the stock market crashing? FTX is testing stock trading functionality on its platform. The SEC targets unregistered crypto exchanges, while the Commodity Futures Trading Commission focuses on fraud and manipulation in crypto. Is America headed toward a recession? Or are we already in one?