Gary Gensler vs. Paul Atkins: Former SEC chairman defends crackdowns and publicly criticizes frauds like Bankman-Fried

Former SEC chairman Gary Gerry Gensler defended his regulatory resume in an interview with CNBC, highlighting several reforms, such as reducing stock settlement time to one day and filing 100 cryptocurrency enforcement cases to protect investors. He cites fraud cases like Sam Bankman-Fried and points to the cryptocurrency market relying on “momentum and hype.” Gemsler acknowledged that Chairman Atkins would take a different approach and respect democratic procedures.