SEC Gary Gensler Lashes Out At Crypto Industry
Parting shots from outgoing SEC chair Gary Gensler, as he warns in interview that crypto industry is “rife with bad actors”
The head of the US financial regulator has used the final weeks of his tenure to issue a stark warning about the current cryptocurrency industry.
In an 10 minute interview with Bloomberg Television (available on YouTube), the Securities and Exchange Commission (SEC) chair Gary Gensler said his time in charge of the SEC had been a privilege overseeing the $120 trillion capital market in the US, which “touches everything in our economy.”
But when Gary Gensler was asked 3 minutes into the interview about his views on crypto (Gensler had started his tenure calling crypto the ‘wild…
