{"id":145234,"date":"2023-07-03T06:32:34","date_gmt":"2023-07-03T06:32:34","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=145234"},"modified":"2023-07-03T12:05:39","modified_gmt":"2023-07-03T12:05:39","slug":"gemini-co-founder-says-the-sec-has-forced-investors-into-toxic-crypto-products","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/gemini-co-founder-says-the-sec-has-forced-investors-into-toxic-crypto-products\/","title":{"rendered":"Gemini Co-Founder Says the SEC Has Forced Investors into Toxic Crypto Products"},"content":{"rendered":"
The co-founder of Gemini<\/a>, Cameron Winklevoss, has alleged that the SEC has been responsible for forcing investors into toxic crypto products. Winklevoss targeted the regulator on July 2 as a result of its continuous dismissal and refusal of spot Bitcoin (BTC)<\/a> exchange-traded funds.<\/strong> He also highlighted how it has been more than a decade since Gemini filed for the approval of its Bitcoin ETF by the SEC.<\/span><\/p>\n Today marks 10 years since @tyler<\/a> and I filed for the first spot Bitcoin ETF. The @SECGov<\/a>'s refusal to approve these products for a decade has been a complete and utter disaster for US investors and demonstrates how the SEC is a failed regulator. Here's why:<\/p>\n -"protected"\u2026 pic.twitter.com\/xmK1xo1iX8<\/a><\/p>\n — Cameron Winklevoss (@cameron) July 2, 2023<\/a><\/p><\/blockquote>\n\n