US Congressman Tom Emmer accuses SEC leader Gary Gensler of aiding FTX. According to his thesis, Gensler supported the monopoly of the FTX exchange.
Gary Gensler helped the FTX exchange
Crypto-friendly US Congressman Tom Emmer recently put forward a different thesis about Gary Gensler on Twitter. The SEC retweeted the tweet, in which the leader announced that he would be joining CNBC to talk about the cryptocurrency market, arguing that it helped the stock market. Emmer says Gensler helped FTX take advantage of generic loopholes. He tweeted the following:
Interesting. While GaryGensler is speaking to the media, reports from my office claim that SBF and FTX are helping to work through loopholes to achieve regulatory exclusivity. We are investigating this.
Interesting. @GaryGensler runs to the media while reports to my office allege he was helping SBF and FTX work on legal loopholes to obtain a regulatory monopoly. We're looking into this. https://t.co/SznowgcP6V
— Tom Emmer (@RepTomEmmer) November 10, 2022