Gary Gensler: The crypto industrial was filled with scammers – Bits Media

Chairman of the United States Securities and Exchange Commission (SEC) In an interview, Bloomberg said, that the cryptocurrency market "is replete with scammers and traders".

Gary Gensler (Gary Gensler) considers, that investors, which begin to work with cryptocurrencies, Must be warned about the absence of protection.

"You, Like investors, Do not get complete, fair and truthful disclosure of information, and platforms and intermediaries do then, that we would never allow and think ", - the official described the work of the exchanges.

And added, that crypto -tires "often trade against the investors themselves".

“They have market mikers, which are on the other side of your transactions ", - assured the head of SEC.

Gary Gensler recently stated, that the SEC will spend $2.4 billion to combat crypto companies, meanwhile, Blockchain Association urged Hensler to abandon the trials of cryptocurrencies. Now SEC is doing business against the largest exchanges of Binance and Coinbase, as well as Ripple. The head of SEC in response stated, what will continue to do these things.