Crypto.com takes legal action against the SEC, challenging Gary Gensler’s aggressive crypto enforcement and aiming to protect the future of digital assets in the U.S.

With all respect, the leading lights of this field in 202[4] are either in jail or awaiting extradition right now.”

Gensler claimed that it was unlikely that crypto could become a currency. He responded to a question on crypto’s value, saying that cryptocurrencies were more likely to be seen as stores of value than forms of payment.