SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo

Cointelegraph

Published Jun 21, 2022 10:30PM ET

Updated Jun 22, 2022 12:20AM ET

Securities and Exchange Commission (SEC) commissioner Hester Peirce has spoken out against crypto company bailouts, arguing it’s actually better to “let these things play out,” to create a more sustainable industry.

Peirce, the most pro-crypto commissioner for the United States SEC, told Forbes that the recent crash in crypto, though painful, is separating strong companies from the weak.

h3 Crypto whales to the rescue /h3

Continue Reading on Coin Telegraph