> this was going on right out in the open for 10 years and the SEC took exactly no action
Ripple was sued in 2020 [1]. That’s two years from Gensler’s 2018 statement and 1 year preceding his becoming chair of the SEC [2].
Note, too, that when Gensler made those statements he was the former chair of the CFTC. And nobody is being charged for cash trading Bitcoin or Ethereum.
Ripple was sued in 2020 [1]. That’s two years from Gensler’s 2018 statement and 1 year preceding his becoming chair of the SEC [2].
Note, too, that when Gensler made those statements he was the former chair of the CFTC. And nobody is being charged for cash trading Bitcoin or Ethereum.
[1] https://www.sec.gov/news/press-release/2020-338
[2] https://www.sec.gov/about/commissioners/gary-gensler