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US Congressman says SEC’s Gensler allegedly had dubious ties to FTX, promises investigation
U.S. Congressman Tom Emmer said in a tweet that he had received reports that the SEC chairman Gary Gensler was allegedly helping Sam Bankman-Fried and FTX “work on legal loopholes to obtain a regulatory monopoly.” Interesting. @GaryGensler runs to the media while reports to my office allege he was helping SBF and FTX work on…
SEC Chair Gensler reiterates that ‘most crypto are securities’ before US banking committee
The Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his belief that most crypto assets are securities in his testimony before the U.S. Senate Banking Committee on Sept. 15. According to Gensler, the offer and sales of these tokens fall under the securities laws, continuing that he has directed the Commission’s staff to work…