"Since the fall of FTX last month, crypto proponents have attempted to shift blame from their own actions and pin responsibility for the collapse on Gensler, a move intended to undermine robust regulation. This sets the record straight and shows that Gensler’s actions helped contain the crypto meltdown and protect the real economy."

#ShahidNaeem, #ErikPeinert and #MattStoller, 2022

https://www.economicliberties.us/our-work/gary-gensler-got-it-right/

#finance #regulation #crypto CryptoCurrency #AELP #EconomicLiberties