Gary Gensler Gets Attacked After Calling Bittrex a Securities Exchange

The crypto community recently experienced a massive backlash following a tweet by Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC). Gensler’s tweet was in response to the SEC’s announcement that it had charged crypto trading platform Bittrex Inc., its co-founder and former CEO William Shihara and its foreign affiliate, Bittrex Global GmbH, with various regulatory violations.