News Explorer — Congressman Ritchie Torres: SEC Chair Gensler ‘Intent on Sabotaging’ Crypto Industry

By Decrypt July 20, 2023 In NFTs, Polygon

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Congressman Ritchie Torres: SEC Chair Gensler ‘Intent on Sabotaging’ Crypto Industry

New York Congressman Ritchie Torres criticized SEC Chair Gary Gensler, accusing him of sabotaging the crypto industry. Torres compared Gensler to an overzealous traffic cop and argued that the SEC’s regulation by enforcement approach lacks clear guidance. He called for a framework that protects customers and investors while allowing entrepreneurs to innovate without arbitrary government action.

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