SEC chair highlights crypto enforcement cases to legal experts
Cointelegraph
Published Nov 02, 2022 01:15PM ET
Updated Nov 02, 2022 03:00PM ET
United States Securities and Exchange Commission Chair Gary Gensler cited major enforcement actions against crypto firms as part of the “economic realities” of securities regulation.
In written remarks for the Practising Law Institute’s Annual Institute on Securities Regulation on Nov. 2, Gensler used examples of SEC enforcement against crypto lending firm BlockFi and a former Coinbase (NASDAQ:COIN) employee in justifying the agency’s actions on violations of U.S. securities laws. Under Gensler, the SEC would take a “treat like cases alike” approach to enforcement actions regardless of the form of securities, funds or investors.
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Written By: Cointelegraph
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