SBF|Mar 12, 2026 11:48
How @realDonaldTrump fixed the SEC: fire Gensler, hire Atkins.
Gensler didn't just declare war on crypto. He declared war on the CFTC.
Not in public, obviously. But behind closed doors, he and @SenWarren ran a covert campaign in DC to strip the CFTC of all of its power—bringing everything under his SEC. (And then used that power to require licenses he was unwilling to grant.)
Gensler's land grab was the biggest threat to crypto under Biden; we spent much of our time in DC fighting against it.
Atkins understands: only require licenses that actually exist. And don't let industry get caught in the crossfire between warring federal agencies.(SBF)
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