Gary Gensler, Chairman of the U.S. Securities and Exchange Commission
and protector of investors has once again saved the day.
After protecting the public from the collapse of FTX and Terra Luna, Gary Gensler has now saved everyday investors by suing Binance and declaring half the top 50 cryptocurrencies securities.
"I love Gary! I invested in Algorand after his endorsement of the coin in 2019 and my portfolio has never looked better! To hear that he now thinks Algorand is secure is amazing news," one protected investor said in a statement.
"Thank god Gary waited until ADA, SOL, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI had hundreds of thousands of investors before declaring them securities! He's helped decentralize my losses," another told reporters.
Gary is expected to meet with protected investors next week at the annual New York City Bankruptcy Convention, where he will be signing autographs from 2-3 pm.
Contract Address (ERC-20)