Posted 1/8/2024, 4:36:00 PM
Crypto Crackdown Continues: SEC Chief Issues Fresh Warnings on Bitcoin Risks and Scams
- SEC Chair Gensler has again warned that crypto is dangerous and fraught with scams
- His comments come as the market awaits a decision on a spot Bitcoin ETF application
- Gensler said crypto companies may not be complying with securities laws
- He warned retail investors about crypto asset scams that are on the rise
- It's unclear if his comments signal disapproval of Bitcoin ETFs ahead of key deadlines