Blockchain

SEC Chair Gensler: Crypto is a field ‘that’s been rife with fraud and manipulation’ #shorts



SEC Chair Gary Gensler joins ‘Squawk Box’ to discuss the approval decision of spot bitcoin ETFs, the state of bitcoin and cryptocurrency at large, crypto regulation, Lyft’s earnings report error, Elon Musk’s pay package, and more.

They’re not like in this building NASDAQ that’s that that has protections and against fraud manipulation and the like um just seen people lose their shirt on with NASDAQ so you can lose because there’s risk there’s risk in Investments but what we try to do as a society is

Take some of the fraud and manipulation risk out of the markets by regulation is is that the problem though it’s not necessarily Bitcoin Bitcoin the underlying asset but more the froth and the potential for fraud ERS to use it that has been well this is a field Becky

That’s been uh Rife with fraud and manipulation and look at all the bankruptcies and you’ve you’ve had on this set people talking about those various bankruptcies and it’s not just one entity it’s entity after entity after entity and then investors are just lining up in the bankruptcy court

20 Comments

Write A Comment

Share via