SEC Chairperson: 2024 Presidential Election Outcome Does Not Depend on Crypto Interest Group Funding
In an interview with CNBC Squawk Box host Andrew Ross Sorkin, SEC Chairperson Gary Gensler said he believes it is unlikely that money from cryptocurrency voters and digital asset interests will influence the outcome of the 2024 U.S. election, giving President-elect Donald Trump a victory.
"I think even though, as you pointed out, this election has raised money from the cryptocurrency space, I don't think that's what this election is about, and this space, the cryptocurrency space, a highly speculative space, has been inconsistent with various laws, whether it's money laundering laws, sanctions laws, or in our case, securities laws," he said.