In a recent statement on X (formerly known as Twitter), crypto influencer Layah Heilpern criticized Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), for his stance on crypto regulation.
Heilpern claimed that Gensler’s emphasis on regulation as a means to protect crypto investors was contradictory to his association with Sam Bankman-Fried, a figure involved in situations where individuals allegedly lost their life savings.
Heilpern further argued that Gensler lacked understanding of the crypto space and how it worked.
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