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TEXXR

Chronicles

The story behind the story

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A look at Gary Gensler's plan to regulate most crypto as securities and questions over the SEC's handling of FTX, which met the regulator before its implosion

Gary Gensler, the chair of the S.E.C., is at the center of a reckoning over the future of cryptocurrency after the implosion of FTX.

New York Times David Yaffe-Bellany

Discussion

  • @digitalassetbuy @digitalassetbuy on x
    Brett Harrison was President of FTX US This is from Aug 31, 2022. “We know that the SEC is also working on their own proposal for regulation of crypto markets um and classification of certain crypto tokens as securities” They are?? I thought @GaryGensler said it was “Very Clear” …
  • @cultexpert Steven Hassan, PhD on x
    Well, it looks like regulation is needed by Government. What my understanding has been for a really long time. It function as a security. https://www.nytimes.com/...
  • @jeffjohnroberts Jeff Roberts on x
    Fresh off its SBF puff piece, the NYT goes easy on Gary Gensler https://www.nytimes.com/...
  • @sentosumosaba @sentosumosaba on x
    Per request @JohnEDeaton1, @CryptoLawUS April 2022 regulation “falls on us” - SBF “Spent half my life here talking with policy makers & regulators & you know legislators about crypto regulation .."pretty specific proposals.." https://www.youtube.com/... (original sound is poor) h…
  • @brucefenton @brucefenton on x
    Lemme get this straight: SBF takes customer money & donates $31 mm to mostly dems + $5mm to Biden Biden appoints Gensler SEC Chair FTX meets him— to discuss special treatment The daughter of Gensler's old boss is FTX Pres Gensler's former staffer was FTX General Counsel Clear?
  • @johnedeaton1 John E Deaton on x
    @sentosumosaba @CryptoLawUS Thank you. You all never fail a request. SBF and FTX met Gensler and SEC back to back months in March and April of this year. Why was he in DC every month?
  • @johnedeaton1 John E Deaton on x
    To the 🕵️‍♀️ sleuths: please find any and all videos, speeches, etc. involving SBF or anyone associated w/FTX, including paid spokespersons, who made comments about working w/or meeting w/the SEC. Tag myself and @CryptoLawUS and we will add to https://t.co/...' video library. htt…
  • @scottmelker @scottmelker on x
    I'm so glad that Gary Gensler and the SEC retroactively “protected” consumers by punishing Kim Kardashian for an Instagram story while actively working with FTX to give their criminal enterprise a monopoly in the US. I feel safer, how about you?