SEC Chair Gensler Warns a Lot of Crypto Tokens Will Fail Following LUNA, UST Collapse – Regulation Bitcoin News

The chairman of the U.S. Securities and Exchange Commission , Gary Gensler, has warned that a lot of crypto tokens will fail and many crypto investors will get hurt following the collapse of terra and stablecoin terrausd .U.S. Securities and Exchange Commission Chairman Gary Gensler expressed his concerns Wednesday that more crypto investors will be harmed following the implosion of cryptocurrency terra and stablecoin terrausd .

The collapse of the two cryptocurrencies has caused grave concerns among regulators and lawmakers. U.S. Treasury Secretarycited the collapse of UST while calling for increased regulations of stablecoins last week.

Then why waste billions trying to regulate them Gary? Just let them fail or survive of their own merit. isn’t that how free markets are supposed to work?

Let your Representatives in the US know you will not support them in the Midterms if they support Gensler. Let them understand this firmly. A loss is at hand, and it isn't in Crypto. Let them get their own crooked house in order first.

Just take Do Kwon into jail.. and let CZ take that project

Cool

We all want South Korea to sue for the theft of the Luna project. Join this campaign. South Korean Supreme Court

U fail

How do we monitor the “cop” from corruption ?🤪

Gremlin is going to turn thing ugly on crypto

A lot of coins are going to fail after $Luna and gensler is going to take over them all and save us

Terra Luna Update! Luna Recovery Plan AMENDMENT Breakdown!

Refull all ust in whole

$luna founder needs to be heavily punished! No $luna 2.0 should be allowed! $wluna and $ust are scam tokens too. SECGov $btc

are u fudding? how much time post this new? lol

Anything is a risk, what if 20 years ago one invested in Sears, Blockbuster, Circuit City, KMart or any other company that could not complete with Amazon or Walmart.

Yes crypto assets today are very high risk especially $LUNA and the government is using this disaster to regulate crypto and I will say goodbye to blockchain technology

Yeah, the FEDS and SEC who has stolen people’s wealth from more than 50 years are trying to protect you jajaja 😜 funny,

Start with scammers like Stephen Braverman of Dignity Gold LLC. You know, an american that scammed hundreds of millions and oh nobody cares. lol

BurnLuna

SECGov And your corruption

The SEC is looking out for you. Do you believe ?

Lets prove him wrong

Nothing good has ever happened when federal agencies get involved.

Yeah many ppl will be hurt but millions more ppl will get rich. It is a money game. Play it well

they attacked Luna/UST..!!

Really 💯 98 crypto it’s very scam

The US legal system is full of easy to manipulate loopholes and some of the smartest lawyers that know of them to bypass them. We will see

They are planning for the big crash most likely very soon, I’m afraid he is right! Eyes on USDT which just moved the reserve from higher risk assets to Lower risk ones . I would prefer USDC. Something really big is brewing in the months ahead!

HEY ! LOOK ME 8烫痰

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