Gensler raises concerns about fraud and manipulation when asked about bitcoin ETFs
, repeating a longstanding policy of not commenting on specific ongoing enforcement actions.
Staff needs to present their case to the majority Democrat commission for a vote in order to formally make the appeal, though SEC lawyers told a judge in the same federal court district as the Ripple decision to ignore that ruling after it was invoked in a separate enforcement case involving Terraform Labs and the company's former head Do Kwon in a“The capital markets really wouldn’t work without cops on the beat and rules of the road,” said Gensler in Thursday's interview.
Disclaimer: The former CEO and majority shareholder of The Block has disclosed a series of loans from former FTX and Alameda founder Sam Bankman-Fried. © 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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