U.S. SEC Chair Slams ‘Non-Compliant’ Crypto Industry in Wake of FTX Collapse

Gary Gensler, the Chairman of the U.S. Securities & Exchange Commission (“SEC”), has slammed the “non-compliant” crypto industry in the wake of FTX’s high profile collapse. Gensler was nominated by President Joe Biden to Chair the U.S. SEC on 3 February 2021, confirmed by the U.S. Senate on 14 April 2021, and sworn into office