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VOICE ARCHIVE

Gary Gensler

@garygensler
28 posts
2024-11-22
On January 20, 2025 I will be stepping down as @SECGov Chair. A thread 🧵⬇️
2024-11-22 View on X
Axios

SEC chair Gary Gensler will step down on January 20; it has been traditional for SEC chairs to resign if the administration changes in the middle of their term

Brady Dale / Axios :

2024-03-19
Gurbir is right, if you claim to use AI in your investment processes, you must ensure that your representations aren't false and they aren't misleading. My thoughts on AI washing 📽️ ⬇️ [video]
2024-03-19 View on X
Bloomberg

The US SEC fines Delphia and Global Predictions a combined $400K for making “false and misleading statements” about their use of AI

2024-01-10
The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.
2024-01-10 View on X
CoinDesk

An X post from US SEC Chair Gary Gensler says that the @SECGov's “twitter account was compromised”, and that the agency has not approved spot bitcoin ETFs

The X account of the U.S. Securities and Exchange Commission, which is deciding whether to approve bitcoin ETFs, “was compromised,” the regulator told CoinDesk.

2023-06-07
I'll be joining @SquawkStreet at 9:10 and @BloombergTV at around 10:30 to discuss crypto and the securities laws.
2023-06-07 View on X
Bloomberg

A look at the similarities and differences between the SEC's lawsuits against Coinbase and Binance, as the SEC views every crypto exchange in the US as illegal

SEC v. Crypto  —  “A decent rule of thumb,” I wrote in March, “is that all cryptocurrency exchanges are doing crimes …

Coinbase's alleged failures deprive investors of critical protections, including rulebooks that prevent fraud and manipulation, proper disclosure, safeguards against conflicts of interest, and routine inspection by the SEC. https://twitter.com/...
2023-06-07 View on X
Bloomberg

A look at the similarities and differences between the SEC's lawsuits against Coinbase and Binance, as the SEC views every crypto exchange in the US as illegal

SEC v. Crypto  —  “A decent rule of thumb,” I wrote in March, “is that all cryptocurrency exchanges are doing crimes …

2023-06-06
I'll be joining @SquawkStreet at 9:10 and @BloombergTV at around 10:30 to discuss crypto and the securities laws.
2023-06-06 View on X
Bloomberg

The SEC sues Coinbase, alleging the exchange operated as an unregistered broker since at least 2019 and broke the rules by offering “staking”; COIN drops 15%+

The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging the crypto firm for years broke its rules.

Coinbase's alleged failures deprive investors of critical protections, including rulebooks that prevent fraud and manipulation, proper disclosure, safeguards against conflicts of interest, and routine inspection by the SEC. https://twitter.com/...
2023-06-06 View on X
Bloomberg

The SEC sues Coinbase, alleging the exchange operated as an unregistered broker since at least 2019 and broke the rules by offering “staking”; COIN drops 15%+

The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging the crypto firm for years broke its rules.

2023-04-18
Today's action, yet again, makes plain that the crypto markets suffer from a lack of regulatory compliance, not a lack of regulatory clarity. https://twitter.com/...
2023-04-18 View on X
CoinDesk

The US SEC sues Bittrex and its ex-CEO for allegedly operating an unregistered securities exchange, claiming tokens like Algorand and Omise Go are securities

4 recent SEC events indicate that crypto-exchanges … Tweets: @secgov : Today we charged crypto asset trading platform Bittrex Inc. and its co-founder and former CEO William Shihara...

2023-02-18
This case demonstrates the lengths to which some crypto firms will go to avoid complying with the securities laws, but it also demonstrates the strength and commitment of the SEC's dedicated public servants. https://twitter.com/...
2023-02-18 View on X
The Block

Sources: Jump is the unnamed “US trading firm” that the SEC said helped support the TerraUSD stablecoin in May 2021; the SEC has not accused Jump of wrongdoing

Published 1 hour and 25 minutes earlier on  — Jump is the unidentified “U.S. trading firm” …

This case demonstrates the lengths to which some crypto firms will go to avoid complying with the securities laws, but it also demonstrates the strength and commitment of the SEC's dedicated public servants. https://twitter.com/...
2023-02-18 View on X
Bloomberg

The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value

Takeaways from SEC complaint Cosmos Ecosystem Chat Newsletter : SEC Charges Do Kwon, Mars on Crescent, Turkey Earthquake Aid Proposal - CEC Issue #25 The Block : U.S. investigation...

2023-02-17
This case demonstrates the lengths to which some crypto firms will go to avoid complying with the securities laws, but it also demonstrates the strength and commitment of the SEC's dedicated public servants. https://twitter.com/...
2023-02-17 View on X
Bloomberg

The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value

The US Securities and Exchange Commission is preparing to sue the company behind TerraUSD, a crypto stablecoin whose collapse …

2023-02-16
Read my full statement here: https://www.sec.gov/...
2023-02-16 View on X
CoinDesk

The US SEC proposes a rule that would bar investment advisers from storing assets at crypto platforms and lenders that are not registered as exchanges or banks

Jesse Hamilton / CoinDesk :

2023-02-10
Today @SECGov charged Kraken for the unregistered offer & sale of securities thru its staking-as-a-service program. Whether it's through staking-as-a-service, lending, or other means, crypto intermediaries must provide the proper disclosures & safeguards required by our laws.
2023-02-10 View on X
Bloomberg

Kraken agrees to pay $30M and discontinue its crypto-asset staking products to settle SEC allegations that its staking services broke US securities rules

is Coinbase next? Simon Chandler / Cryptonews : Ethereum Price Prediction as $10 Billion Trading Volume Comes In - Can $ETH Reach $2,000 Soon? Tyler Pearson / DL News : SEC hammer ...

2023-01-14
We @SECGov charged Genesis & Gemini for the unregistered offer & sale of crypto asset securities through Gemini Earn. Crypto intermediaries need to comply with our securities laws. This protects investors. It promotes trust in markets. It's not optional. It's the law.
2023-01-14 View on X
The Block

The SEC charges Genesis and Gemini with offering and selling unregistered securities to retail investors via a crypto lending program promising to pay interest

2023-01-13
We @SECGov charged Genesis & Gemini for the unregistered offer & sale of crypto asset securities through Gemini Earn. Crypto intermediaries need to comply with our securities laws. This protects investors. It promotes trust in markets. It's not optional. It's the law.
2023-01-13 View on X
The Block

The SEC charges Genesis and Gemini with offering and selling unregistered securities to retail investors via a crypto lending program promising to pay interest

- The SEC charged both Gemini and Genesis with unregistered offering and sale of securities to retail investors, some of who were in the U.S.

2022-12-23
Until crypto platforms comply with time-tested securities laws, risks to investors will persist. It remains a priority of the SEC to use all of our available tools to bring the industry into compliance. https://twitter.com/...
2022-12-23 View on X
Washington Post

The SDNY says ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on $250K bonds

Washington Post :

Until crypto platforms comply with time-tested securities laws, risks to investors will persist. It remains a priority of the SEC to use all of our available tools to bring the industry into compliance. https://twitter.com/...
2022-12-23 View on X
Reuters

Sam Bankman-Fried appears in NY federal court charged with wire fraud and other crimes; a judge grants a $250M bail confining him to his parents' Palo Alto home

Sam Bankman-Fried will be released on a $250 million bond package while he awaits trial on fraud charges related to the collapse …

2022-12-22
Until crypto platforms comply with time-tested securities laws, risks to investors will persist. It remains a priority of the SEC to use all of our available tools to bring the industry into compliance. https://twitter.com/...
2022-12-22 View on X
Washington Post

The SDNY says ex-Alameda CEO Caroline Ellison and FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on a $250K bond

Caroline Ellison and Gary Wang helped disgraced crypto mogul divert funds and are now aiding prosecutors

Until crypto platforms comply with time-tested securities laws, risks to investors will persist. It remains a priority of the SEC to use all of our available tools to bring the industry into compliance. https://twitter.com/...
2022-12-22 View on X
U.S. Securities and Exchange Commission

The SEC charges ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang for their role in defrauding FTX's investors at SBF's direction between 2019 and 2022

The Securities and Exchange Commission today charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) …

2022-10-04
Today @SECGov, we charged Kim Kardashian for unlawfully touting a crypto security. This case is a reminder that, when celebrities / influencers endorse investment opps, including crypto asset securities, it doesn't mean those investment products are right for all investors.
2022-10-04 View on X
CNBC

Kim Kardashian will pay the SEC $1.26M for not reporting a $250K payment to promote EthereumMax on Instagram and won't push crypto securities for three years

Mike Calia / CNBC :