The Block17 minutes ago

Published on January 09, 2024 15:43 GMT+00:00edited on January 09, 2024 15:44 GMT+00:00

U.S. Securities and Exchange Commission Chair Gary Gensler issued a warning — again — to investors looking to buy into crypto a day ahead of an expected move by the agency to decide whether or not to greenlight spot bitcoin exchange-traded funds. 

"If you're considering an investment involving crypto assets, be cautious," Gensler posted on X on Tuesday morning. "Crypto asset securities may be marketed as new opportunities but there are serious risks involved."

Gensler included a link to a post by the SEC's Office of Investor Education and Advocacy titled "Thinking about buying the latest new cryptocurrency or token" with an image of bitcoin in the post. It is not immediately clear when that post was published. 

"I can’t tell you how many people have come up to me and asked if …