As Crypto World Watches for Spot Bitcoin ETF, SEC Chair Gensler Says (Again) Sector is Dangerous

“Those offering crypto asset investments/services may not be complying w/ applicable law, including federal securities laws,” Gensler posted, advising his followers that there are a number of things to keep in mind about cryptocurrencies. “Fraudsters continue to exploit the rising popularity of crypto assets to lure retail investors into scams,” he added in another post.