Gary Gensler’s Secret Plan to Destroy the Cryptocurrency Market May Have Been Exposed – FTX Founder SBF Also Involved
2025-11-16 17:45
A new claim that will create controversy in the cryptocurrency market came from UniSwap (UNI) founder Hayden Adams. Gensler Even Wanted to Designate Bitcoin as a Security In a conversation with Sam Bankman-Fried (SBF) about two weeks before the FTX crash, Adams suggested that then-SEC Chairman Gary Gensler was preparing to classify all major cryptocurrencies, including Bitcoin and Ethereum, as “securities.” Adams stated on social media that the SBF had asked him to support a bill that would “destroy” the crypto industry, but he had refused. Sharing details of the meeting, Adams said the SBF is in close contact with the SEC and that the institution wants to establish full authority over the crypto market. Related News: What Caused the Recent Drop in Bitcoin Prices, and What Should We Expect Next? Here Are Expert Opinions and Data According to Adams' statement, the SEC was considering designating not only Ethereum but...
