US residents are outraged about the current SEC chair, Gary Gensler, for letting firms like FTX and Celsius take advantage of users’ funds without their knowledge.
Over 4000 messages have been sent through the Connect to Congress app by CryptoLaw.com urging an investigation of SEC Chair Gary Gensler’s ties to FTX.
Per CryptoLaw.com, “evidence has emerged” that Gensler met with former FTX CEO Sam Bankman-Fried, who “masterminded” the exchange before last week’s collapse.
SEC records show that Gensler met with Sam Bankman-Fried and two other FTX personnel in March. In September, Gensler stated that crypto doesn’t need guidance.
Recently, Republican lawmaker Tom Emmer accused Gensler of helping FTX to obtain Regulatory Monopoly.
The crypto community in the US is demanding a congressional investigation into SEC Chair Gary Gensler’s relationship with FTX and its officers.
The Crypto community won’t be satisfied by comments to the reporters and demands to know the whole truth on the record, under oath.