Gensler Warns About Crypto Lenders’ High-Yield Products as BTC Plunges

Name: Gensler Warns About Crypto Lenders’ High-Yield Products as BTC Plunges
Uploaded: 2022-06-14T19:31:37Z
Duration: 6 min 366 s
Description: U.S. Securities and Exchange Commission Chair Gary Gensler reiterated his warning to investors about cryptocurrency protocols offering high-yield returns as crypto lending application Celsius Network froze withdrawals and bitcoin’s price plummeted. “The Hash” group discusses regulatory enforcement in the digital asset space and draws comparisons to BlockFi’s services.

Jun 14, 2022

U.S. Securities and Exchange Commission Chair Gary Gensler reiterated his warning to investors about cryptocurrency protocols offering high-yield returns as crypto lending application Celsius Network froze withdrawals and bitcoin’s price plummeted.

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