SEC’s Gary Gensler Had Crypto in His Sights for Years. Now He’s Suing Binance and Coinbase.

Agency chair focuses enforcement power on exchanges after earlier failures to subdue industry

When Gary Gensler became Securities and Exchange Commission chair, he urged staff to go after the hubs investors use to buy and sell crypto. Justin T. Gellerson for The Wall Street Journal

WASHINGTON—Gary Gensler had seen enough. 

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