Congressional Republicans Criticize SEC Chair Gary Gensler’s Crypto Approach Ahead of Hearing

“Crypto investors should benefit from compliance with the same laws that Rayburn and Roosevelt laid out to protect against fraud, manipulation, front-running, wash sales, and other misconduct,” Gensler said. “As Justice Thurgood Marshall put it so well, ‘Congress’s purpose in enacting the securities laws was to regulate investments, in whatever form they are made and by whatever name they are called.'”