Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Floki Inu enables Web3 users with a new identity platform

2025-05-11

Bullish Continuation for XRP price shows possible recovery up to $ 4

2025-05-11

Bonk ready for launch like Bulls focuses on long-term SMA-Breakout

2025-05-11
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Floki Inu enables Web3 users with a new identity platform

    2025-05-11

    Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

    2025-05-11

    Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

    2025-05-10

    China’s Beijing unveils 2-year DLT Development Action Plan

    2025-05-10

    Nexera and Pinkchain unite to Tokenize € 1.1 billion real estate pipeline with Shariah-compliant products

    2025-05-10
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bullish Continuation for XRP price shows possible recovery up to $ 4

    2025-05-11

    Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

    2025-05-10

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10

    Partially completed Wave 5 says there is still room to run

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Regulation»SEC Chair Gary Gensler Blasts Crypto Exchanges, Avoids Issue of Appeal in Landmark Ripple Ruling
SEC Chair Gary Gensler Blasts Crypto Exchanges, Avoids Issue of Appeal in Landmark Ripple Ruling
Regulation

SEC Chair Gary Gensler Blasts Crypto Exchanges, Avoids Issue of Appeal in Landmark Ripple Ruling

2023-07-30No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is once again sounding the alarm on crypto exchanges, saying that the platforms are not working in the best interests of their users. 

In a new Bloomberg interview, Gensler says that companies issuing crypto tokens are not being 100% honest with their investors.  

The SEC chair zeroes in on crypto exchanges, saying that the centralized platforms are operating in an unacceptable manner by taking advantage of their users.

“A lot of investors should be aware, it’s not only a highly speculative asset class, (but) it’s also one that they currently should not assume that they’re getting the protections of the securities laws, even though the securities laws apply to many of those tokens without pre-judging anyone. 

But you as investors are not getting the full, fair and truthful disclosure and the platforms, the intermediaries are doing things that we would never in a day allow or think the New York Stock Exchange or Nasdaq would do. The platforms often are comingling and trading against you and have market makers that are on the other side of your trades…

This is a field rife with fraud, rife with hucksters. There are good faith actors as well, but there are far too many that aren’t.”

Touching on the possibility of appealing the court’s landmark ruling in the Ripple lawsuit, Gensler says the decision is not up to him alone.

Earlier this month, Judge Analisa Torres ruled that Ripple’s automated, open-market sales of XRP are not securities transactions. Rumors have been circulating that the SEC intends to appeal the court’s decision but Gensler says the move will have to be first discussed by all of the regulator’s commissioners.

See also  Tether promises full audit with new CFO while transparency is constantly being questioned

“I’m one of five commissioners. The Commission has not acted on that and if the staff makes a recommendation, we will have a discussion of it and we’ll take it up then, but I don’t really have anything more for you for that.”

I

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney



Source link

appeal avoids Blasts chair Crypto Exchanges Gary Gensler Issue landmark Ripple Ruling SEC
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

2025-05-10

Concern about Trump’s conflict of interest slows down the progress of a broader crypto policy

2025-05-10

The German police interrupt $ 38,260,000 in crypto from Exchanges in the midst of allegations. The exchange has been washed bybit funds

2025-05-10

Best crypto to buy now as UFC legend Conor McGregor calls for a Bitcoin strategic reserve in Ireland

2025-05-10
Add A Comment
Leave A Reply Cancel Reply

Top Posts

PayPal to hit pause on UK crypto purchases from October

2023-08-17

MetaMafia partners with Orbler to improve NFT experience

2024-09-06

Ripple Stablecoin RLUSD Could Face Supply Shortages Upon Debut, Says XRP Co-Creator David Schwartz

2024-12-18
Editors Picks

NFT lending is on the rise through new lending platforms

2023-05-27

Qtum embarks on BRC-20 token integration to boost the ecosystem and drive innovation

2024-02-16

Bitcoin is approaching all-time highs, but THIS concern is mounting: is a pullback likely?

2024-10-30

Bitcoin StH Average cost basis at $ 90.950 – Why is it relevant?

2025-03-02
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Floki Inu enables Web3 users with a new identity platform

Bullish Continuation for XRP price shows possible recovery up to $ 4

Bonk ready for launch like Bulls focuses on long-term SMA-Breakout

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,913.350.01%
  • ethereumEthereum(ETH)$2,490.003.10%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.36-1.30%
  • binancecoinBNB(BNB)$655.84-0.51%
  • solanaSolana(SOL)$173.700.44%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2312202.70%
  • cardanoCardano(ADA)$0.79-1.12%
  • tronTRON(TRX)$0.260864-1.21%
  • suiSui(SUI)$3.96-0.99%
  • chainlinkChainlink(LINK)$16.450.34%
  • avalanche-2Avalanche(AVAX)$24.550.91%
  • stellarStellar(XLM)$0.303803-0.26%
  • shiba-inuShiba Inu(SHIB)$0.000016-0.42%
  • hedera-hashgraphHedera(HBAR)$0.205546-1.93%
  • the-open-networkToncoin(TON)$3.35-1.92%
  • bitcoin-cashBitcoin Cash(BCH)$411.47-2.42%
  • hyperliquidHyperliquid(HYPE)$24.10-4.92%
  • polkadotPolkadot(DOT)$5.01-1.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.28-4.79%
  • litecoinLitecoin(LTC)$100.53-3.18%
  • piPi(PI)$0.9326.67%
  • moneroMonero(XMR)$322.951.21%
  • bitget-tokenBitget Token(BGB)$4.820.21%
  • pepePepe(PEPE)$0.000013-2.66%
  • daiDai(DAI)$1.00-0.02%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$7.056.19%
  • bittensorBittensor(TAO)$448.23-1.02%
  • nearNEAR Protocol(NEAR)$3.196.41%
  • aptosAptos(APT)$5.870.74%
  • okbOKB(OKB)$55.700.21%
  • aaveAave(AAVE)$219.00-1.40%
  • ondo-financeOndo(ONDO)$1.03-1.32%
  • ethereum-classicEthereum Classic(ETC)$19.750.66%
  • internet-computerInternet Computer(ICP)$5.571.01%
  • kaspaKaspa(KAS)$0.105265-1.11%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.63-5.22%
  • gatechain-tokenGateToken(GT)$22.09-0.87%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.259661-0.71%
  • render-tokenRender(RENDER)$5.15-0.39%
  • vechainVeChain(VET)$0.030737-0.69%
  • crypto-com-chainCronos(CRO)$0.099154-3.62%
  • mantleMantle(MNT)$0.78-0.16%
  • ethenaEthena(ENA)$0.3946413.32%
  • arbitrumArbitrum(ARB)$0.45850216.87%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • filecoinFilecoin(FIL)$3.131.54%
  • algorandAlgorand(ALGO)$0.2412840.92%
  • bitcoinBitcoin(BTC)$103,913.350.01%
  • ethereumEthereum(ETH)$2,490.003.10%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.36-1.30%
  • binancecoinBNB(BNB)$655.84-0.51%
  • solanaSolana(SOL)$173.700.44%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2312202.70%
  • cardanoCardano(ADA)$0.79-1.12%
  • tronTRON(TRX)$0.260864-1.21%
  • suiSui(SUI)$3.96-0.99%
  • chainlinkChainlink(LINK)$16.450.34%
  • avalanche-2Avalanche(AVAX)$24.550.91%
  • stellarStellar(XLM)$0.303803-0.26%
  • shiba-inuShiba Inu(SHIB)$0.000016-0.42%
  • hedera-hashgraphHedera(HBAR)$0.205546-1.93%
  • the-open-networkToncoin(TON)$3.35-1.92%
  • bitcoin-cashBitcoin Cash(BCH)$411.47-2.42%
  • hyperliquidHyperliquid(HYPE)$24.10-4.92%
  • polkadotPolkadot(DOT)$5.01-1.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.28-4.79%
  • litecoinLitecoin(LTC)$100.53-3.18%
  • piPi(PI)$0.9326.67%
  • moneroMonero(XMR)$322.951.21%
  • bitget-tokenBitget Token(BGB)$4.820.21%
  • pepePepe(PEPE)$0.000013-2.66%
  • daiDai(DAI)$1.00-0.02%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$7.056.19%
  • bittensorBittensor(TAO)$448.23-1.02%
  • nearNEAR Protocol(NEAR)$3.196.41%
  • aptosAptos(APT)$5.870.74%
  • okbOKB(OKB)$55.700.21%
  • aaveAave(AAVE)$219.00-1.40%
  • ondo-financeOndo(ONDO)$1.03-1.32%
  • ethereum-classicEthereum Classic(ETC)$19.750.66%
  • internet-computerInternet Computer(ICP)$5.571.01%
  • kaspaKaspa(KAS)$0.105265-1.11%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.63-5.22%
  • gatechain-tokenGateToken(GT)$22.09-0.87%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.259661-0.71%
  • render-tokenRender(RENDER)$5.15-0.39%
  • vechainVeChain(VET)$0.030737-0.69%
  • crypto-com-chainCronos(CRO)$0.099154-3.62%
  • mantleMantle(MNT)$0.78-0.16%
  • ethenaEthena(ENA)$0.3946413.32%
  • arbitrumArbitrum(ARB)$0.45850216.87%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • filecoinFilecoin(FIL)$3.131.54%
  • algorandAlgorand(ALGO)$0.2412840.92%