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SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing

The U.S. securities regulator took a beating in a congressional hearing that was weighted against it, with a witness list of critics calling out the SEC for its fight against crypto firms.

By Jesse Hamilton|Edited by Nikhilesh De

Updated Sep 18, 2024, 5:05 p.m. Published Sep 18, 2024, 5:02 p.m.

Former member of the U.S. Securities and Exchange Commission Daniel Gallagher testified in a House committee that the SEC rebuffed Robinhood Markets' attempt to comply with agency rules. (photo illustration, Jesse Hamilton/CoinDesk)