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November 19, 2024 at 5:25 pm

No Apology Can ‘undo the damage’ Gary Gensler Has Caused…

Gary_Gensler_SEC_Digital_Currency
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by Ciaran Lyons at Coin Telegraph

Gemini exchange co-founder Tyler Winklevoss has asserted that the harm inflicted on the cryptocurrency industry by Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), is irreparable. This statement comes amid growing speculation that Gensler might step down from his position.

“Let’s all be clear on one thing. Gary Gensler is evil,” Winklevoss declared in a Nov. 15 X post. “He should never again have a position of influence, power, or consequence,” Winklevoss added.

Winklevoss’ remarks follow growing optimism among crypto market participants that Gensler, a well-known crypto skeptic, may resign after Trump’s win in the US presidential election on Nov. 5.

Gensler’s behavior cannot be excused as “good faith,” Winkelvoss claims

Winklevoss claimed that Gensler’s behavior cannot be excused as “good faith mistakes” before arguing that it was “entirely thought out, intentional, and purposeful to fulfill his personal, political agenda at any cost.”…

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