Die Krypto-Community bejubelt den bevorstehenden Abgang des besten Angriffshundes der SEC

Saw this. Though in the SEC announcement about this, Gary Gensler seemed to kind of praise some of the crypto enforcement actions.

>For example, under Mr. Grewal’s leadership, the Division recommended and the Commission authorized more than 100 enforcement actions addressing widespread noncompliance in the quickly growing crypto space, including against the operators of the largest crypto asset trading platforms in the world and the operator of the largest crypto asset trading platform in the United States for depriving investors of crucial investor protections by not complying with the registration provisions of the federal securities laws.

[SEC link](https://www.sec.gov/newsroom/press-releases/2024-162)

tldr; The crypto community is celebrating the upcoming departure of SEC enforcement chief Gurbir Grewal on October 11. Grewal, along with SEC chair Gary Gensler, is unpopular in the crypto world for aggressive enforcement actions against major crypto firms like Binance, Kraken, and Coinbase. Industry figures criticized Grewal’s ‘regulation by enforcement’ approach, which they claim created uncertainty. The SEC has not announced a permanent replacement, with Sanjay Wadha and Sam Waldon stepping in as acting directors.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

There needs to be a criminal investigation into his behavior these past few years. Being removed is a slap on the wrist.

When’s GG moving on, he’s the real problem.