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Gary Gensler goes back to MIT after getting kicked out of the SEC over crypto hate

Gary Gensler, the man who spent nearly four years at the US SEC blocking crypto at every turn, has packed his bags and returned to MIT Sloan School of Management. The school announced his return on January 27,
The article from MSN discusses the situation of Gary Gensler, the former chair of the U.S. Securities and Exchange Commission (SEC), who has returned to his previous role as a professor at MIT after being ousted from the SEC. Gensler's departure was reportedly due to his stringent regulatory stance on cryptocurrencies, which clashed with the interests of the crypto industry and possibly some political figures. His regulatory approach was seen as overly aggressive by some, leading to significant pushback from the crypto community and possibly contributing to his exit from the SEC. The article suggests that Gensler's return to academia might be a retreat from the contentious battles over cryptocurrency regulation, where he was known for his efforts to bring more oversight and investor protection to the volatile crypto market.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/gary-gensler-goes-back-to-mit-after-getting-kicked-out-of-the-sec-over-crypto-hate/ar-AA1y3WTf ]