According to BlockBeats, on January 9, outgoing U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler expressed pride in the agency's accomplishments during an interview with Bloomberg Television. With less than two weeks remaining in his tenure, Gensler emphasized that there is still work to be done. He reiterated his stance that the cryptocurrency sector is rife with bad actors.
When questioned about the SEC's actions against cryptocurrencies during his term and whether these actions have led to changes in behavior, Gensler stated that the agency's efforts build upon the work of previous chairs. He acknowledged that much remains to be accomplished in this area.