Скачать или смотреть US House Republicans are investigating the disappe

US House Republicans are investigating the disappearance of former SEC Chair Gary Gensler's text messages, focusing on potential IT mismanagement and compliance with federal record-keeping laws. The investigation stems from an SEC Office of Inspector General (OIG) report indicating that texts from Gensler's government-issued phone between October 2022 and September 2023 were deleted due to a poorly understood automated policy and a lack of proper backups. Lawmakers highlight a potential double standard, noting that the SEC, under Gensler, fined financial firms over $400 million in 2023 for record-keeping failures while failing to maintain its own communication records. The missing texts coincide with a period when the SEC pursued multiple cases against crypto firms, including Coinbase and Binance, leading to concerns about transparency and the integrity of agency oversight. Coinbase has requested a proper search of Gensler's deleted texts. The investigation also scrutinizes Gensler's past use of personal email for official business during his tenure at the Commodity Futures Trading Commission. Some critics allege that Gensler led a Biden administration campaign to restrict banking access for digital asset firms and pursued aggressive lawsuits against the sector. In related news, the SEC has shown signs of a shift in its approach to crypto regulation, with approvals for generic listing standards for Nasdaq, Cboe BZX, and NYSE Arca, potentially leading to a broader range of digital asset ETFs. The SEC also issued a No-Action Letter regarding the 2Z token and clarified rules about investment advisors using state trust companies for crypto custody. Get AI-powered crypto insights at theunblock.com.