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One of crypto’s most powerful government nemeses believes journalists question him about the burgeoning asset class way more than necessary.
“No, it’s a function of where your attention is,” Gensler countered. “I’ve been on your show – what a dozen times – and every show you ask about crypto.” Relative to its size, he said crypto represents an “outsized piece of the scams, frauds, and problems,” across the market, which may also help explain journalists’ narrow focus on the space.
“We don’t speak about whether somebody is, in our opinion, not following the law unless we actually bring a case,” Gensler stated.
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