SEC Chair Gary Gensler says investors are not getting vital crypto disclosures following multiple probes into the industry.
Securities and Exchange Commission Chair Gary Gensler says investors are not getting vital crypto disclosures after the agency handed out notices to multiple crypto entities that it plans to bring enforcement actions against.
Robinhood's Wells Notice is one of a handful filed against crypto entities over the past month. Consensys, the crypto firm behind MetaMask Wallet, and decentralized crypto exchange Uniswap have said they also received Wells Notices from the SEC last month. The SEC is also battling it out in court with crypto exchanges Binance and Coinbase.Gensler didn't directly say how ether would be classified when asked by CNBC whether it could be a security or a commodity.
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