Gensler's Resignation Demanded by Senate Candidate to Prove Harris's Changed Stance on Crypto
CryptoNewsTerminal Staff28 Jul, 2024
Gensler's Resignation Demanded by Senate Candidate to Prove Harris's Changed Stance on Crypto
Crypto attorney and Massachusetts Senate candidate John E Deaton recently expressed his views on Twitter, emphasizing the importance of demanding the resignation of SEC Chair Gary Gensler by Vice President Kamala Harris to demonstrate a shift in her stance on cryptocurrency. Deaton asserted that Gensler's actions have negatively impacted retail investors, particularly those affected by the FTX collapse. Gensler's meetings with former FTX CEO Sam Bankman-Fried (SBF) have raised concerns, and his refusal to disclose communications related to these meetings has further fueled the need for transparency. Deaton believes that Harris demanding Gensler's resignation would send a strong message about her commitment to protect investors and foster a fair regulatory environment for cryptocurrency.
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