PANews|Sep 19, 2025 03:24
Former SEC Chair Gary Gensler's latest interview:
No regrets about his legacy as SEC Chair, most tokens lack fundamentals except Bitcoin
In a recent conversation, former SEC Chair Gary Gensler reflected on his tenure at the SEC. He stated that he has no regrets about his enforcement and regulatory decisions, noting that during his term, the SEC initiated around 100 cases targeting the crypto industry—on par with his predecessor Jay Clayton—with the consistent goal of investor protection.
In his view, the market at the time was rife with fraudsters, and SBF was just one of many.
Gensler emphasized that most crypto market activity relies on momentum and hype rather than value creation. Regarding thousands of tokens, he bluntly stated: apart from Bitcoin, most lack any fundamental support and are highly speculative, risky assets.
Despite the controversy, he reiterated that his top priority has always been protecting investors. This statement also highlights his recognition of Bitcoin's "exceptional status.
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