Gary Gensler Says He Made The ‘Right Calls’ As SEC Chair: Crypto Trades Mostly On ‘Hype’ And Is Risky For Everyday Investors
Posted On September 19, 2025
Former SEC Chair Gary Gensler defended the agency’s regulatory stance on cryptocurrencies during his tenure on Wednesday, saying it was all aimed at ensuring “investor protection.”
Gensler Calls Crypto ‘Risky’ Asset
During an interview with CNBC, Gensler was asked whether he made the “right calls” as SEC Chair, considering the slew of pro-cryptocurrency measures undertaken by incumbent chair Paul Atkins.
“Yes,” responded Gensler. “We were consistently trying to ensure investor protection.”
He highlighted high-profile cryptocurrency fraud cases in his time, including the Sam Bankman-Fried case.
“It’s a field that trades mostly on momentum, mostly on, frankly, hype for investors,” Gensler argued. He deemed cryptocurrencies a “risky” …
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