SEC Chair Gary Gensler warns of widespread crypto scams amid FTX fallout

Securities and Exchange Commission (SEC) Chair Gary Gensler flagged the prevalence of fraudulent activity within the cryptocurrency sector. This caution comes amid high-profile legal proceedings and increased regulatory scrutiny on digital assets. During DC Fintech Week, Gary Gensler emphasized that the issues plaguing the cryptocurrency market extend beyond individual cases. “It’s not just about one…

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