Oops, something went wrong, please try the following steps:

  1. Reload the page;
  2. Clear the cache in your browser;
  3. Try another browser;
  4. Disable/Enable VPN.

If these steps do not help, please contact our support at: [email protected] or use this link. We will get back to you as soon as possible.

  • Main
  • Blog
  • News
  • Mark Cuban Slams SEC Chair Gary Gensler for His Take on Crypto

Mark Cuban Slams SEC Chair Gary Gensler for His Take on Crypto

American billionaire and the Dallas Mavericks basketball team owner Mark Cuban has recently spoken out about the SEC's lack of clarity on crypto regulation.

The entrepreneur has criticized SEC Chair Gary Gensler for proposing to treat digital assets the same way as the regular capital markets in his latest op-ed for Wall Street Journal. Cuban suggested that the SEC needs to publish “​​bright line guidelines” in order to make it work.

The U.S. Securities and Exchange Commission has recently filed lawsuits against multiple crypto giants including Ripple and Coinbase. As a result, the crypto community has been lambasting the SEC for its anti-crypto approach and even tried to remove SEC Chair Gary Gensler through a petition.

Earlier this month, Mark Cuban himself has also been sued for tricking Americans to participate in an alleged Ponzi scheme. He promoted crypto lender Voyager Digital which later went bankrupt and caused investors to lose around $5 billion. Cuban still hasn’t responded to these allegations.

Mark Cuban Slams SEC Chair Gary Gensler for His Take on Crypto

News
Exchange Crypto
icon-btc
BTC
icon-eth
ETH

Unlock the power of exchange with Pro features

  • Staking
  • Cashback
  • VIP plan for free
  • More benefits