#SEC #crypto #yahoofinance
    SEC Chair Gary Gensler joins Yahoo Finance’s Jennifer Schonberger live from Washington, D.C., to discuss the FTX fallout, crypto regulation, proper fund segregation, classifying customer assets, and the outlook for the crypto space.
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    36 Comments

    1. I recently had my retirement stolen by market manipulation. Please do your job. Ten of thousands of stock holders have asked you to step in and you have done nothing.

    2. If XRP is a security then my oranges in my backyard orange tree are securities and then Gary Gensler has to go after God for The Creation Of that Orange Tree

    3. Gensler is a huge disappointment. For an MIT professor, who taught classes on crypto, he seemed like a person who could provide the leadership to usher in the evolution of money that crypto promises. Instead, he sat on his ass like a scared dog, doing nothing. The Industry has been clamoring for direction, but to no avail.

    4. SBF (FTX): Hey Gary can I gamble with the customers money?
      Gary (SEC): All good brotha! 👍
      1 year later
      Gary (SEC): This is why we need to regulate exchanges, they’re casinos.

    5. The SEC has watched crypto companies operate like a casino’s for a wide range of unknown reasons for years. Gensler has no idea how to regulate crypto. The blockchain is the regulatory body of crypto. It’s all transparent. No where to hide, lie, cheat or steal!!!

    6. When he says save investors pockets…..he's referring to the big guys that are paying him to screw over the American people

    7. How many martini lunches with SBF?
      How many connections, familial or otherwise do you personally have with SBF?
      Since we now know that you provided cover for SBF, are you concerned about prosecution and jail time?
      Since the runway is getting short on your tenure with the SEC, when are you resigning? This week?

    8. There are lending protocols that people may "opt" into. That doesn't mean that a company can just take anyone's money who's using the platform who haven't "opt'd" into. It's absolute theft and Gensler creating a narrative that these "casinos" just need to sign up, or whatever, for regulatory passage, is absolute garbage and bs. You stink.

    9. Reason why it takes so long because if they did their damn job and fixed it today there wouldn’t be enough time to keep robbing panic sellers and new investors. If every company that is fraudulent and stole money was forced to return the money back to investors instead of to all these “protectors of the public” they wouldn’t have any loop holes to keep steeling. One giant monopoly on hard working people trying to save and invest for their future.

    10. This is the softest interview I’ve ever seen! I could have asked more direct questions than yahoo. It’s like they are scared he won’t interview with them again. Waste of an interview.

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