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Gary Gensler won’t recuse himself from crypto cases despite ‘appearance of bias’
SEC Chair Gary Gensler will not step away from the crypto cases currently being battled in court. Gensler told reporters Wednesday at a press conference that he won’t recuse himself, saying he is “fully compliant” and “well aware” of his “ethical responsibilities.” There are multiple high profile lawsuits the SEC is carrying out against the biggest names in crypto, including Binance, Coinbase and Ripple. The Chairman may be responding to the Blockchain Association’s open letter that was circulated in late June calling on Gensler to step back from anything relating to digital assets. In the letter, the ... (full story)