Gensler pressed on FTX failure, warns investors to ‘be careful, beware.’

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Gensler pressed on FTX failure, warns investors to ‘be careful, beware.’
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Securities and Exchange Commission Chair Gary Gensler continued to raise red flags about the crypto industry and responded to questions about whether his agency has failed to go after large actors in the crypto space that are violating U.S. financial laws.

U.S. inflation is showing signs of easing, lifting dreary crypto markets which were previously driven downwards by FTX's liquidity issues.

Sam Bankman-Fried says on Twitter: “First, one way or another, Alameda Research is winding down trading.” He also denied online allegations of wrongdoing against the firm, writing, “They aren’t doing any of the weird things that I see on Twitter–and nothing large at all. And one way or another, soon they won’t be trading on […]

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