Gary Gensler Just Got Flame Grilled by Congress

Article source, here.

TL;DR

• Chairman of the SEC, Gary Gensler stood in front of congress a few hours ago to answer questions around his opaque approach to regulating the digital asset industry.

• The result was...you know what? How about we just show you.

Full Story

Raise your hand if:

1. You have been frustrated with the SEC's approach to crypto regulation.

2. You are ready to blow off some steam.

Oh, wow, everyone? Ok, let's do this...

Chairman of the SEC, Gary Gensler stood in front of congress a few hours ago to answer questions around his opaque approach to regulating the digital asset industry.

The result was...you know what? How about we just show you.

Exhibit A:

🚨BREAKING!!!!! @GOPMajorityWhip TORCHING Gary Gensler and highlighting his and the SEC's complete and utter failure to protect ANY retail investors whatsoever

And lack of regulatory clarity + hostile enforcement against crypto in the US is pushing innovation offshores… pic.twitter.com/cDlt2BbUW2

— Tyler Strejilevich (@TylerSCrypto) April 18, 2023

Exhibit B:

Gary Gensler getting grilled on whether he thinks ETH is a security or commodity

Enjoy pic.twitter.com/vrFVn3Ap63

— sassal.eth 🦇🔊 (@sassal0x) April 18, 2023

We have no words, other than to say:

The next time we get in an argument, we're going to use Mr. Emmer's 'reclaiming my time' trick.