SEC Chair Gary Gensler Calls Crypto ‘Outsized Piece of Scams, Frauds, and Problems in Our Markets’

The president of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his presumption that crypto is simply a tract afloat of noncompliance. While noting that crypto is simply a tiny portion of the wide U.S. fiscal marketplace that his bureau oversees, the SEC seat emphasized that it is “an outsized portion of the scams […]