Republican senators tell Gensler they’re troubled over SEC inaccuracies in DEBT Box case | Headlines | News | CoinMarketCap
02/09/2024 03:05
Republican senators have a bone to pick with Securities and Exchange Commission Chair Gary Gensler over inaccurate statements the agency made in its …
Republican senators have a bone to pick with Securities and Exchange Commission Chair Gary Gensler over inaccurate statements the agency made in its lawsuit against crypto startup DEBT Box.
Sens. Cynthia Lummis of Wyoming, Bill Hagerty of Tennessee, Katie Boyd Britt of Alabama, Thom Tillis of North Carolina and JD Vance of Ohio said the SEC's mission of protecting investors and maintaining fair markets was "compromised" by its handling of the case in a letter penned to Gensler on Wednesday.
"We are greatly concerned by the Commission’s conduct in this case," they said in the letter. "It is unconscionable that any federal agency—especially one regularly involved in highly consequential legal procedures and one that, under your leadership, has often pursued its …