TD Cowen expects Gary Gensler to continue with crypto cases.

Author: Nidhi Kolhapur

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Mar 5, 2024 10:21

As per TD Cowen, an Investment Bank, SEC Chair Gary Gensler is expected to continue with crypto cases following the SEC’s victory in a Coinbase insider trading case. The group anticipates Gensler’s litigation efforts to extend for at least two years until his term concludes in June 2026.

While many criticize SEC’s approach over compliances with tokens and exchanges, TD Cowen states that it doesn’t really matter as SEC is not letting Gensler go. It has also concluded saying, Gensler’s actions may result in conflicting decisions before the Congress addresses over crypto regulations.