SEC Chairman Gary Gensler stated that cryptocurrency exchanges will face lawsuits if they manipulate the market or disseminate misleading information, even if they disclose certain information. He emphasized that transparency alone does not protect bad actors and that crypto companies need to operate responsibly, akin to traditional financial markets. Gensler highlighted the risks posed by the crypto market's longstanding practices and stressed the importance of regulatory compliance. #CryptoRegulation #SEC

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