{"id":80874,"date":"2022-05-20T09:09:31","date_gmt":"2022-05-20T13:09:31","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=80874"},"modified":"2022-05-20T09:09:31","modified_gmt":"2022-05-20T13:09:31","slug":"gensler-warns-as-crypto-crashes-the-public-is-not-protected-pimentel","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2022\/05\/20\/gensler-warns-as-crypto-crashes-the-public-is-not-protected-pimentel\/","title":{"rendered":"Gensler warns as crypto crashes: &#8216;The public is not protected&#8217; [Pimentel]"},"content":{"rendered":"<p><a href=\"https:\/\/www.protocol.com\/bulletins\/gensler-warning-crypto-crash-sec\" target=\"_blank\" rel=\"noopener\"><strong>Gensler warns as crypto crashes: &#8216;The public is not protected&#8217;<\/strong> <\/a>&#8212; from protocol.com by Benjamin Pimentel<br \/>\n<em>The SEC chair had sounded alarms about crypto\u2019s risks, and now those risks are in plain sight.<\/em><\/p>\n<p><em>Excerpt:<\/em><\/p>\n<p style=\"padding-left: 40px;\">SEC Chair Gary Gensler\u00a0warned Congress Wednesday\u00a0that consumers and investors are vulnerable in an increasingly volatile crypto market now reeling from a sharp downturn.<\/p>\n<p style=\"padding-left: 40px;\">Citing the recent collapse in the crypto market&#8217;s value, Gensler said, \u201cThis is a field that is now worth $1.2 trillion. Two weeks ago it was supposedly worth $2 trillion.\u201d<\/p>\n<p style=\"padding-left: 40px;\">\u201cThe public is not protected,\u201d he testified at a House Appropriations Committee hearing on the proposed budget for the SEC and the FTC. \u201cThey don&#8217;t have the disclosures from these entrepreneurs.\u201d<\/p>\n<p><em><span style=\"color: #800000;\">From DSC:<\/span><\/em><br \/>\n<span style=\"color: #800000;\">A topic for personal finance courses? Economics courses?<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gensler warns as crypto crashes: &#8216;The public is not protected&#8217; &#8212; from protocol.com by Benjamin Pimentel The SEC chair had sounded alarms about crypto\u2019s risks, and now those risks are in plain sight. Excerpt: SEC Chair Gary Gensler\u00a0warned Congress Wednesday\u00a0that consumers and investors are vulnerable in an increasingly volatile crypto market now reeling from a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[387,858,306,285,321],"tags":[],"class_list":["post-80874","post","type-post","status-publish","format-standard","hentry","category-business","category-cryptocurrencies","category-economics","category-legislation-legislatures","category-united-states"],"_links":{"self":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/80874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=80874"}],"version-history":[{"count":2,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/80874\/revisions"}],"predecessor-version":[{"id":80876,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/80874\/revisions\/80876"}],"wp:attachment":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=80874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=80874"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=80874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}