Gary Gensler, the outgoing chair of the US Securities and Exchange Commission (SEC), has expressed the toll his term has taken on him, stating that the barrage of crypto-related cases left him "traumatized." He described the crypto industry as a mess, with sentiment-driven volatility and rampant scams. Despite teaching blockchain and digital assets at MIT, Gensler asserted that regulating the industry is different from observing it. His aggressive approach to crypto enforcement has made him unpopular in the industry and led to celebration on social media platforms like TikTok upon his resignation. Gensler also expressed concerns about the risks of artificial intelligence (AI) in financial markets, warning about conflicts of interest that may harm ordinary investors.



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