- 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.
@GaryGensler is a politician before he is anything else. All he cares about is serving the @ewarren’s of the world so that he can get a higher position in government. Not only does he not care about retail investors, I believe he has genuine contempt for retail investors. https://t.co/mRjV2QM8uE— John E Deaton (@JohnEDeaton1) August 2, 2023
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 …
The post Gary Gensler Is a Politician Before He Is Anything Else: Lawyer Deaton appeared first on Coin Edition.
The post Gary Gensler Is a Politician Before He Is Anything Else: Lawyer Deaton appeared first on Coin Edition.