US Congressman Tom Emmer has criticized SEC Chairman Gary Gensler as the most “destructive” and “lawless” chairman in the regulator’s 90-year history. Emmer accused Gensler of coining the term “cryptoactive security” without providing regulatory guidance. Gensler was also criticized for the Debt Box case, where the SEC was ordered to pay $1.8 million. 💥

Source: US House Financial Services Committee

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