Congressman Emmer suggested Gary Gensler “has been blindly spraying the crypto community” and working against good players, all while fumbling on the truly bad actors in the space.
“Gary Gensler might have an open door, but it is an enter-at-your-own-risk door, because what he does is, despite several meetings over several months, Gary Gensler’s SEC refused to provide feedback,” he said, adding that:
“And instead, after all these meetings and nothing happening, the SEC slapped Coinbase with a Wells Notice regarding the very issues on which Coinbase was asking for their feedback.” Since Gensler took over the helm of the SEC back in April 2021, he has repeatedly suggested that the agency has an
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