SEC’s Peirce Tells Crypto Industry Not to Beg for Bailouts
LAS VEGAS, Nevada — You shouldn’t be a crypto libertarian that comes crying for government help when things go badly, according to Hester Peirce, the chief of the crypto task force at the U.S. Securities and Exchange Commission.
“I do think that sometimes, when something bad happens in this space, people who are remarkably free thinkers, libertarian-minded people, come in and say, ‘Where was the government? Why weren’t you protecting me? Hey, Crypto Mom, where’s my bailout?'” she told a crowd at Bitcoin 2025 in Las Vegas, referring to her industry nickname.
“C’mon, let’s have some consistency,” Peirce continued. “Yes, you should have freedom to make your own choices, and when it goes wrong, pick yourself up, dust yourself off,…