One man's tragedy is another man's comedy. In this case, Gary Gensler laughs as he gets away with yet again causing many billions in losses to cryptocurrency investors.
First it was refusing to provide regulatory clarity to crypto companies and projects seeking it, then inviting crypto companies to discuss under the guise of providing guidance but actually just obtaining information to accuse and sue them, then completely ignoring or giving a free pass to crypto companies and projects that actually did cause many billions in losses like FTX, Celsius, and Luna, and now recently making unsubstantiated accusations against several cryptocurrency exchanges and projects.
Each and every time the SEC screws up, billions in losses happen to crypto investors, and the financial terrorist Gary Gensler laughs and gets away with it. It's an effing joke and it's not funny.
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