Joseph Lubin

SEC’s Gensler Highlights Disclosure Failures in Crypto, Ethereum Co-Founder Accuses Regulators of Stifling Innovation

May 10, 2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler criticized the cryptocurrency industry this Tuesday, claiming a widespread lack of essential disclosures and stating that investors are not receiving the information legally owed to them, sparking concerns amid heightened regulatory scrutiny. Addressing the industry following a Wells Notice issued to Robinhood’s crypto arm, Gensler emphasized