Gary Gensler: US Presidential Election Result Unrelated to Crypto Industry Funding

BlockBeats News, January 15, SEC Chairman Gary Gensler stated in an interview with CNBC Squawk Box that he believes the funds of cryptocurrency enthusiasts and digital asset interest groups are unlikely to have influenced the U.S. election, leading to the victory of then-President Trump.

Gensler is set to step down on the day of Trump's inauguration, and in the interview, he discussed key points from his previous discussions on investor protection during his leadership at the SEC. Gensler stated: "I think that, although as you pointed out, this election saw funds raised from the cryptocurrency field, I do not believe it had any impact on the election results. The cryptocurrency field is highly speculative and has consistently run afoul of various laws, whether it be anti-money laundering laws, sanctions laws, or securities laws."