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Ex-SEC Chair Gensler’s Private Stance on Crypto Contradicted Public Persona, McHenry Claims
Ex-SEC Chair Gensler’s Private Stance on Crypto Contradicted Public Persona, McHenry Claims
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Former SEC Chair Gary Gensler, widely perceived as crypto’s foremost regulatory antagonist, may have harbored a more nuanced private stance according to revelations by U.S. Representative Patrick McHenry. The disclosure, made during a crypto in America podcast appearance, suggests a stark divergence between Gensler’s public enforcement actions and private communications.
McHenry’s account paints a portrait of regulatory schizophrenia—where public crackdowns on digital assets coexisted with behind-the-scenes openness to blockchain innovation. This duality raises questions about the SEC’s strategic positioning during Gensler’s tenure, particularly regarding high-profile cases involving major exchanges and token classifications.
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