#crypto #SEC

🚨 Gary Gensler stands firm on his crypto crackdown legacy at the SEC, despite a major policy shift under new leadership. In a rare interview, the former SEC chair (2021-2025) defended his regulation-by-enforcement approach, calling crypto a “highly speculative, very risky asset” and pointing to fraud cases like Sam Bankman-Fried. 🛡️

Now, under acting SEC Chair Mark Uyeda and incoming Chair Paul Atkins, the agency is reversing course—dropping lawsuits, streamlining crypto ETF approvals, and declaring “very few tokens are securities.” 📉

Biggest bombshell? Trump’s push to scrap quarterly reports for US companies, moving to twice-a-year reporting. Gensler warns this could spike market volatility, urging investors to speak up for transparency. 📊

What’s your take on the SEC’s crypto pivot and Gensler’s legacy? 🗳️