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Crypto Favoritism At SEC?

At a glance

  • Once again, SEC Chairman Gary Gensler is in the hot seat.
  • The latest in this ongoing saga is a lawsuit between the agency and Ripple Labs. In a recent Wall Street Journal opinion, Gensler said the Securities and Exchange Commission treats crypto like any other security. However, 200 crypto division lawsuits, $1 billion lost to fraud, and $15 billion in the suit against Ripple raised eyebrows. It appears that the SEC is treating crypto differently than traditional assets.

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