Senator Tim Scott calls out SEC Chair Gary Gensler

CoinDesk

@CoinDesk

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There's an elephant in the room 🐘. @SenatorTimScott calls out @SECgov Chair Gary Gensler in Tuesday's U.S. Senate Banking Committee "Crypto Crash" hearing, saying "if chairman Gensler is going to take enforcement action ... Congress needs to hear from him very soon."

Charles Gasparino

@CGasparino

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Breaking: Crypto execs are being advised by securities lawyers NOT to act on @GaryGensler recent call to come in an talk to @SECGov about whether their operations are compliant. The reason: unless you’re a Dem party insider like @SBF_FTX getting on his radar makes you a target