SEC Chairman Gary Gensler:

• I don't trust cryptocurrencies because there's a lot of fraud, and many companies don't follow US laws.

• The SEC often wins court cases about crypto.

• We always follow the law when it comes to ETFs.

• Not all crypto tokens are securities, but most are.

📣SEC Chairman Gary Gensler:

• The crypto industry needs mediators.

• The SEC is prepared to oversee and regulate this new technology.