Attorney Gerard Scimeca accuses the SEC chairman of biased crypto regulation.
He accused the chairman of overlooking fraud entities like FTX and Celsius for legitimate firms like Ripple.
Also, Scimeca highlighted Gary Gensler’s alleged negligence in establishing the much-expected crypto regulation.
Attorney Gerard Scimeca, chairman of Consumer Action for a Strong Economy (CASE), has commented on the U.S. Securities and Exchange Commission’s (SEC) chairman’s approach to crypto regulation amid the agency’s pursuit of legitimate crypto businesses while overlooking fraudulent enterprises such as FTX and Celsius.
Scimeca criticized SEC chairman Gary Gensler during an episode of the Thinking Crypto Podcast by Tony Edward, where both parties sought to expose Gensler’s “dirty FTX secrets.”
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