Gary Gensler Is a Politician Before He Is Anything Else: Lawyer Deaton

Published 03/08/2023, 12:48
Updated 03/08/2023, 13:15
Gary Gensler Is a Politician Before He Is Anything Else: Lawyer Deaton

  • Crypto lawyer accuses SEC Chair of prioritizing political ambitions over retail investors’ interests.
  • Allegations point to timed SEC lawsuits coinciding with scheduled Congressional hearings on crypto regulations.
  • Chart analysis reveals six instances that emerged in 2023.

Prominent crypto lawyer John Deaton accused Securities and Exchange Commissions’ (SEC) Chair Gary Gensler of prioritizing political ambitions over the interests of retail investors. Deaton’s allegations come amid emerging patterns of timed SEC lawsuits coinciding with scheduled Congressional hearings on crypto regulations.

Deaton, a vocal advocate for fair crypto regulation, didn’t mince his words when he referred to Gensler as a politician primarily focused on catering to the ‘anti-crypto army’ to further his own career in government. While …

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