Messari founder comments on Paxos regulatory crisis: vows to end the political career of the SEC chairman

2023-02-13 16:15:14

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ChainCatcher message, regarding the lawsuit faced by stablecoin issuer Paxos from the SEC over BUSD, Messari founder Ryan Selkis tweeted: "My new life goal is to end Gary Gensler's (Chairman of the SEC) political career and make him the reason Biden fails to be re-elected. I will join Brian (Coinbase CEO Brian Armstrong), Jesse (Kraken founder Jesse Powell), and dozens of others who have spent a decade establishing U.S. dominance to win the next major technological frontier. I will spend every ounce of my energy, financial and political capital to fight against the moral decay and corrupt enemies of cryptocurrency. Wise regulation is important. De facto bans will be met with relentless pushback."

Selkis stated that he has been cautious for 15 years and has not made comments that would worsen his relationship with the SEC, but this time he expressed his dissatisfaction with the SEC's actions using profanity. (source link)

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