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The Daily Hodl
2022-11-10 22:00:24

SEC Chair Gary Gensler Addresses FTX Implosion, Says Regulations Very Clear but Crypto Industry Non-Compliant

SEC Chair Gary Gensler Addresses FTX Implosion, Says Regulations Very Clear but Crypto Industry Non-Compliant

The head of the U.S. Securities and Exchange Commission is responding to the collapse of FTX by saying the crypto industry is largely non-compliant with existing regulations. In a new interview with CNBC, SEC head Gary Gensler discusses the collapse of Sam Bankman-Fried’s giant crypto exchange FTX and its trading arm Alameda Research. “It’s really The post SEC Chair Gary Gensler Addresses FTX Implosion, Says Regulations Very Clear but Crypto Industry Non-Compliant appeared first on The Daily Hodl .

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