SEC Chair Gary Gensler Insists Crypto Field Is ‘Rife With Abuses and Fraud’

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has reiterated that the crypto manufacture is filled with instances of maltreatment and fraud, citing a important fig of bankruptcies successful caller years. He besides cautioned investors successful spot bitcoin exchange-traded funds (ETFs) that these products are based connected a “highly speculative volatile underlying asset: bitcoin.” […]