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Crypto tokens plunged this week after Gensler stepped up SEC’s industrywide crackdown

Gary Gensler, Chair of the U.S. Securities and Exchange Commission, takes his seat before the start of the Senate Banking, Housing, and Urban Affairs Committee hearing on Oversight of the U.S. Securities and Exchange Commission on Tuesday, Sept. 14, 2021.

Bill Clark | CQ-Roll Call, Inc. | Getty Images

SEC Chair Gary Gensler stepped up his attack on the crypto industry this week, suing Coinbase and Binance for securities violations and casting…

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