Benzinga – Prominent crypto market observer and founder of venture fund Cinneamhain Ventures, Adam Cochran, took a dig at SEC Chair Gary Gensler over the latter’s stance on Ethereum (CRYPTO: ETH) being a security.
What Happened: Cochran, one of the fiercest critics of Gensler, took to social platform X mocking the SEC Chief’s duplicitous position on categorizing cryptocurrencies as securities.
He wrote, “I’d love to see @iampaulgrewal ask @GaryGensler in court to explain the difference between ETH (a non-security) and the countless assets he claimed are securities in their cases.” Cochran went to the extent of saying, “His meltdown would be historic.”
I really want to see one of the other SEC cases accelerated now.
I’d love to see @iampaulgrewal ask @GaryGensler in court to explain the difference between ETH (a non-security) and the countless assets he claimed are securities in their cases.
His meltdown would be historic.
