Gensler seems to want the industry to die. The SEC is abdicating any role to properly regulate the industry even while he says they have the right to. They are

Gensler seems to want the industry to die. The SEC is abdicating any role to properly regulate the industry even while he says they have the right to. They are failing at promoting trustworthy and valid businesses, but it's "kind of odd" to twist that around as if it means promoting the scams.