U.S. Senators Berate SEC’s Gensler for Agency’s ‘Unethical’ Handling of Crypto Case

“It is unconscionable that any federal agency – especially one regularly involved in highly consequential legal procedures and one that, under your leadership, has often pursued its regulatory mission through enforcement actions rather than rulemakings – could operate in such an unethical and unprofessional manner,” according to the lawmakers, whose committee oversees the securities regulator.