SEC’s Gensler Won’t Reveal View on Trump’s Bitcoin Stockpile, Reiterates Bitcoin Is Not a Security

“Look at the leading lights in this field, in crypto, two years ago. Several of them are in jail right now and I don’t just mean the SBF… there were tens of billions of dollars in losses. and bankruptcies and so forth,” Gensler said Thursday. “What innovative field in America survives without trusting the field and protecting investors or consumers?”