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1178. Gary Gensler Asks For More Money After XRP Loss 🔥 U.S. Crypto Hearing

1178. Gary Gensler Asks For More Money After XRP Loss 🔥 U.S. Crypto Hearing
Jul 21, 2023 · 20m 4s

SEC Chair Gary Gensler has requested for a significant increase in the agency's budget, justifying his stance with concerns over non-compliant behavior in the complex crypto markets. Gensler, who delivered...

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SEC Chair Gary Gensler has requested for a significant increase in the agency's budget, justifying his stance with concerns over non-compliant behavior in the complex crypto markets. Gensler, who delivered these remarks at the U.S. Senate Committee on Appropriations, highlighted the SEC’s enforcement division’s track record of imposing $6.4 billion in penalties and disgorgement, following 750 enforcement actions in the 2022 fiscal year.

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Author Rever Networks
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