Outgoing SEC Chair Gary Gensler has faced criticism from crypto stakeholders for his hostility towards the crypto industry. In a recent interview, Gensler reiterated his concerns about the industry, stating that it was "rife" with bad actors. He highlighted the SEC's regulatory efforts under his leadership, including nearly 100 enforcement actions initiated during his tenure. Gensler characterized the crypto industry as speculative and lacking strong fundamentals. His remarks have sparked criticism from key figures in the crypto space, with accusations of alienating voters and claims that the SEC itself is "rife with bad actors." Gensler will leave his role on January 20.



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