Tezos

The Crypto Times 0030 - Gensler Strikes Again

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tz1PABDPXbg9rqz62umCaQ8YhCUajmoYK2Cb

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No. 0030 June 15, 2023 : The thirtieth issue of The Crypto Times and Gary Gensler is still an asshole intent on raising hell and sowing confusion in the crypto space. His latest antics have sent altcoins tumbling and now bitcoin and ethereum are following suit. It started when the SEC brought 13 charges against CZ and Binance alleging fraud, deception and misusing clients' money. The main allegation is that Binance is subverting its own controls and allowing U.S. customers to trade on its international exchange which is supposed to be off limits. Essentially running an unlicensed securities exchange. We all know how Gensler and the SEC feel about unlicensed securities. Just ask Coinbase who was on the receiving end of its own lawsuit from the SEC the following day for operating as an unregistered exchange and broker since 13 assets on its platform are considered crypto asset securities. Coinbase and Binance both vow to fight these lawsuits going forward. More of the same old same old from this guy down at the SEC. Are you sick of him and his antics yet? IF so, you are not alone. Congressman Warren Davidson has officially filed legislation that would restructure the SEC and fire its chair, Gary Gensler. Davidson called Gensler a "tyrannical chairman" whom congress must protect the markets from. Shots fired . . . 1600 x 1300 pixel png file. created by Nite Owl

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