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SEC Chair Gary Gensler Accused of Using Media Tactics to Deflect Attention from Crypto Legislation

June 15 (Cointime) - Gary Gensler, the chair of the Securities and Exchange Commission, has been accused of using media tactics to deflect attention away from crypto-related legislative proposals in Congress and onto his own agency.

The crypto industry has criticized Gensler for not focusing on creating a regulatory framework for digital assets. The SEC has been accused of making crypto-related announcements to coincide with earlier hearings, including lawsuits filed on the day of legislative hearings.

While some in the industry have accused Gensler of seeking to thwart the efforts of elected lawmakers, experts say his behavior is not necessarily untoward and is typical of political appointees with policy agendas.

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