As Crypto World Watches Spot Bitcoin ETFs, SEC Chairman Gensler Says Sector Is Risky (again)

“Those offering crypto asset investments/services may not comply with applicable laws, including federal securities laws,” Gensler posted, advising his followers that there are many things to keep in mind about cryptocurrencies. “Scammers continue to exploit the growing popularity of cryptocurrency assets to lure retail investors into scams,” he added in another post.